BNP Paribas Securities Services (BNP Paribas) has been mandated as master custody provider by three UK-based pension schemes of Atos Origin with total assets under management of GBP 685m.
Atos Origin is a an international IT services provider offering large multi-national clients integrated design as well as building and operating solutions.
Atos Origin group CFO Michel-Alain Proch said that the Trustee of Atos Origin’s UK-based pension schemes went to market to find a service partner to provide custody solutions and he is glad to see that BNP Paribas represented the most convincing and comprehensive offer to suit their specific requirements.
"We are delighted that the Trustee has decided to be partnered with a financially robust company with the spread of solutions to address increased monitoring imperatives," Proch said.