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Securities Services

Custody Services for professionals

The global custody services offered by Societe Generale Securities Services (SGSS) – investor services allow institutional investors and financial intermediaries to use several hubs -Paris, London, Madrid- to access numerous financial markets around the world via a sub-custodian network.

The global custody services offered by Societe Generale Securities Services (SGSS) – investor services allow institutional investors and financial intermediaries to use several hubs -Paris, London, Madrid- to access numerous financial markets around the world via a sub-custodian network.

To date, this sub-custodian network, made up of professionals in the local securities industry, covers over 74 countries. Société Générale Securities Services is directly present in 18 countries though its subsidiaries and branches.

Main services

  • Processing of settlement/delivery orders.
  • Cash management.
  • Management of securities transactions.
  • Management of security income.
  • General assembly services.
  • Tax reclaim.
  • Swift compliance.
  • The Glass Custody internet tool gives real time access to transactions and positions.
  • Multi-financial instrument consolidated reporting (MUFICORE).

Ratings and external surveys

Over the course of the last few years, SGSS has regularly received awards for the quality of its global custody services from both ratings agencies and client satisfaction surveys:

  • 7th Worldwide Custodian and 2nd European Custodian
  • Ranked best global Custodian for investment management agencies and institutional investors, ans number 3 overall. (RM Consultants Study 2006)
  • Ranked top of the Institutional Investor category. (Global Custodian's annual Global survey).

Coverage of a wide range of financial instruments (MUFICORE)

SGSS provides custody services for investment funds (including offshore funds) and institutional investor portfolios for all types of financial instrument:

  • Securities
  • Monetary products and contracts
  • Derivative products and contracts
  • UCITS Fund from any location
  • Registered shares (pure and administrated)
  • OTC derivative products and contracts (Contracts For Difference (CFDs) etc.)

Internet reporting (Glass Custody)

Glass Custody is a new internet communication tool offered by SGSS – Investor Services to its clients as an alternative to Swift. Users of the tool can consult their list of Settlement/Delivery orders and their securities and cash accounts in real time. They can also consult and follow securities transactions, vote at general meetings, transmit S/D instructions and consult or download reporting files. Glass Custody is constantly being updated. At present, it allows institutional and fund management clients to cover the custody activities of all types of assets and provides clients with consolidated reporting on their portfolios.

Selection and control procedures for sub-custodians

Our network of sub-custodians has been carefully built by a team of network management specialists, who carry out regular revaluations according to opportunities and market conditions.

Access to market information via a data management internet platform

SGSS uses Glass Custody to give its clients access to a wide range of market information including:

  • Financial market profiles (operating regulations, systems and procedures in local markets etc.)
  • Ratings on infrastructure risks in capital markets
  • Risk evaluation on central depositories
  • Market surveillance and risk monitoring

Cash surplus management

SGSS offers solutions for managing cash surpluses through either investment in liquid funds using Societe Generale group solutions or via a third-party:

  • Societe Generale products (e.g. SG Euro CT – a liquid and flexible negotiable medium-tern note product with either fixed or floating income; an extensive range of SGAM products, etc.);
  • SGSS has developed external relations with the leading monetary and cash investment funds in the market.