Eurovita win for BNP Paribas
November 6, 2017

BNP Paribas Securities Services says it has been appointed by Eurovita Assicurazioni SpA to provide collateral management, OTC derivatives valuation and transaction management services.

Eurovita is an existing global custody client of BNP Paribas Securities Services and has decided to expand this mandate to include collateral management, independent valuation, transaction management and reporting to trade repositories.

"BNP Paribas' client-centric relationship model, product offer and ability to onboard our business within a tight deadline met our strategic expectations," said Erik Stattin, Chief Executive Officer of Eurovita.

In December Eurovita will merge with Ergo Previdenza and Old Mutual Wealth Italy, creating one of the largest insurance groups in the Italian life insurance business.





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BNP Paribas Securities Services says it has been appointed by Eurovita Assicurazioni SpA to provide collateral management, OTC derivatives valuation and transaction management services.

Eurovita is an existing global custody client of BNP Paribas Securities Services and has decided to expand this mandate to include collateral management, independent valuation, transaction management and reporting to trade repositories.

"BNP Paribas' client-centric relationship model, product offer and ability to onboard our business within a tight deadline met our strategic expectations," said Erik Stattin, Chief Executive Officer of Eurovita.

In December Eurovita will merge with Ergo Previdenza and Old Mutual Wealth Italy, creating one of the largest insurance groups in the Italian life insurance business.



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