BNP Paribas brings custody to your hotel room

BNP Paribas Securities Services (BNP PSS) has launched a web portal allowing clients to log on and generate reports on a variety of its services.

The Neolink portal is accessible via a single window sign-on from any location in the world where a client can gain internet access, the French-owned custodian claims. The home page will provide access to applications including fund administration, trade captures, cash instructions and settlements, performance reporting and investment compliance reporting. BNP PSS’ IT teams in Sydney, Wellington, Paris and London developed Neolink over the last 12 months. “While portals are not a new concept, NeoLink offers clients significant enhancements and a range of value-added services that include the ability to manipulate data for analysis and reporting preferences,” said managing director and head of BNP Paribas PSS in Australia and New Zealand, Jean-Marc Pasquet.

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‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

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