SGSS mandated by W&W Asset Management

SGSS is setting new standards by combining local and global securities services through a transnational service structure.

Since December 2009, SGSS has been actively providing W&W Asset Management GmbH with custody and trustee, valuation and fund distribution services for Irish-registered funds,  including in them reporting services in Germany.

W&W Asset Management GmbH is a subsidiary of the Stuttgart-based retirement provision specialist, Wüstenrot & Württembergische AG (W&W), and, with 25.3 billion euros of assets under management, is one of the largest Asset Management companies in Germany.

In order to fulfil this mandate, SGSS is using its existing global network and has specifically developed an overall transnational solution for W&W Asset Management. SGSS Deutschland KAG in Munich is thus underlining the expertise of its specialists in the area of reporting services, with particular focus on IFRS reporting.

Custody and trustee, valuation and fund distribution services will be provided by SGSS in Ireland whilst project and relationship management is handled by SGSS in Germany.