SGSS and UniCredit commit till 2026
November 23, 2017
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UniCredit has signed a memorandum of understanding with Societe Generale Securities Services extending for seven years the latter's mandate as global custodian for several of its units until 2026.

The agreement, in place since September 2006, covers custody, settlement and market data management services. 

The extension of the partnership marks a milestone in the relationship between the two and supports the sustainable and long-term growth of both institutions.

"We decided to extend a long and successful partnership with SGSS to allow UniCredit to benefit from our partner's expertise in the best interest of our customers and in line with the Transform 2019 objectives," said UniCredit's Global Co-COO Ranieri de Marchis.





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UniCredit has signed a memorandum of understanding with Societe Generale Securities Services extending for seven years the latter's mandate as global custodian for several of its units until 2026.

The agreement, in place since September 2006, covers custody, settlement and market data management services. 

The extension of the partnership marks a milestone in the relationship between the two and supports the sustainable and long-term growth of both institutions.

"We decided to extend a long and successful partnership with SGSS to allow UniCredit to benefit from our partner's expertise in the best interest of our customers and in line with the Transform 2019 objectives," said UniCredit's Global Co-COO Ranieri de Marchis.



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