The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Societe Generale Securities Services Mandated by Ethias to Provide Independent Valuations

Share article

Societe Generale Securities Services (SGSS) has been mandated by Ethias, a Belgian insurance company, to provide independent valuation services.

These services cover a portfolio of complex structured products. SGSS was retained because of its expertise in this area, alongside the quality of its services (database of mathematical models developed in-house, flexibility in valuation frequency, analysis of discrepancies with counterparties, etc.) and the competitiveness of its bid.

This additional mandate won by SGSS illustrates the increasing need among investors to obtain a precise valuation by third-party specialists of the complex financial instruments held in their portfolios. It also underlines SGSS’ capacity to provide state-of-the-art and adaptable solutions in response to the specific needs of clients.

Ethias ranks as the 4th largest insurer in the Belgian market, all sectors included, with a 10.4% market share as of the end of December 2009.

Related content

WEBINAR

Upcoming Webinar: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

Date: 16 March 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU...

BLOG

The Crucial Role of the LEI in the EC’s AML-CTF Legislative Reforms

By Clare Rowley, Head of Business Operations at the Global LEI Foundation. In May 2020, the European Commission put forward a series of measures designed to strengthen the EU’s fight against money laundering and terrorist financing, including an Action Plan for legislative reform of the EU’s AML-CTF framework in early 2021 (see related links below)....

EVENT

Data Management Summit New York City

Now in its 10th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

The Reference Data Utility Handbook

The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...