CACEIS

🇨🇦𝗢𝘂𝗿 𝘀𝘁𝗮𝗳𝗳 𝗶𝗻 𝗖𝗮𝗻𝗮𝗱𝗮 𝗵𝗮𝘃𝗲 𝗺𝗼𝘃𝗲𝗱 𝗶𝗻 𝘁𝗼 𝗼𝘂𝗿 𝗻𝗲𝘄 𝗼𝗳𝗳𝗶𝗰𝗲𝘀 𝗶𝗻 𝗠𝗼𝗻𝘁𝗿𝗲𝗮𝗹 Downtown, at the intersection of Robert Bourassa and Rene Levesque.   Some staff members made the 547km move from Toronto, where the former premises were located. ✈️ Staff from other entities of the CACEIS Group took advantage of internal mobility opportunities and crossed the Pacific or Atlantic to join the growing Teams in Quebec. Stemming from 🇭🇰Hong Kong, 🇱🇺Luxembourg, 🇫🇷Paris, or 🇨🇦Toronto, they joined a group of colleagues recently hired locally but originating from many different places in Canada and internationally. They are now all part of a very diverse 70 strong asset servicing specialists ensemble, 𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿 𝗮𝘀 𝗢𝗻𝗲 𝗖𝗔𝗖𝗘𝗜𝗦.   🏢 CACEIS staff occupy the 5th floor of the freshly renovated building that is shared with other Crédit Agricole group subsidiaries. Philippe Brassac, Crédit Agricole CEO paid a visit to the shared Groupe Crédit Agricole offices and was delighted by the business and facilities synergies the group has developed.  Thomas Béron, Country Managing Director of CACEIS’ Canadian entity stated "𝙏𝙝𝙞𝙨 𝙨𝙝𝙖𝙧𝙚𝙙 𝙥𝙧𝙚𝙢𝙞𝙨𝙚𝙨 𝙞𝙨 𝙠𝙚𝙮 𝙩𝙤 𝙗𝙤𝙡𝙨𝙩𝙚𝙧𝙞𝙣𝙜 𝙤𝙪𝙧 𝙥𝙧𝙚𝙨𝙚𝙣𝙘𝙚 𝙞𝙣 𝙉𝙤𝙧𝙩𝙝 𝘼𝙢𝙚𝙧𝙞𝙘𝙖 𝙖𝙣𝙙 𝙩𝙤 𝙩𝙝𝙚 𝙜𝙧𝙤𝙪𝙥’𝙨 "𝙛𝙤𝙡𝙡𝙤𝙬-𝙩𝙝𝙚-𝙨𝙪𝙣" 𝙤𝙥𝙚𝙧𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙘𝙤𝙫𝙚𝙧𝙖𝙜𝙚 𝙞𝙢𝙥𝙡𝙚𝙢𝙚𝙣𝙩𝙚𝙙 𝙨𝙞𝙣𝙘𝙚 2013." Since the acquisition of RBC IS's European asset servicing activities, we have grown significantly, and it was essential to further develop our operational capabilities.   By sharing premises and pooling support functions with the other Crédit Agricole group entities, we are benefitting from the economies of scale enabled by being part of a large international group.   European staff hand over their activities to Canada at the end of their business day, who in turn hand over to Malaysian staff, 𝗲𝗻𝘀𝘂𝗿𝗶𝗻𝗴 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗶𝘁𝘆 𝗼𝗳 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝗶𝗲𝘀 𝗮𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗲 𝗮𝗻𝗱 𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗰𝗹𝗼𝗰𝗸. 🙌𝗠𝗼𝗻𝘁𝗿𝗲𝗮𝗹 𝘁𝗵𝗲𝗿𝗲𝗳𝗼𝗿𝗲 𝗽𝗹𝗮𝘆𝘀 𝗮𝗻 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗿𝗼𝗹𝗲 𝗶𝗻 𝗲𝗻𝘀𝘂𝗿𝗶𝗻𝗴 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗶𝘁𝘆 𝗼𝗳 𝘀𝗲𝗿𝘃𝗶𝗰𝗲 for the growing Custody, Market Data, Middle Office and Banking Services activities, as well as for Private Equity & Real Estate, Fund Distribution and Fund Administration services.   Thomas thanked his staff for all the work they put into the projects to move premises and to further improve our "follow-the-sun" framework.

𝗪𝗲'𝗿𝗲 𝗱𝗼𝘄𝗻 𝘁𝗼 𝘁𝗵𝗲 𝘄𝗶𝗿𝗲! 𝗜𝗻 𝗷𝘂𝘀𝘁 𝗼𝘃𝗲𝗿 𝗮 𝘄𝗲𝗲𝗸’𝘀 𝘁𝗶𝗺𝗲, 𝘄𝗲'𝗹𝗹 𝗳𝗶𝗻𝗱 𝗼𝘂𝘁 𝗶𝗳 𝘄𝗲 𝗵𝗮𝘃𝗲 𝘄𝗼𝗻…   the prestigious annual Funds Europe and Asset Servicing Times awards. These awards recognise and showcase the excellence of the expertise of a range of asset providers, asset managers and technology vendors. We are absolutely delighted to be part of these awards, which really highlight the innovation and the best of breed work across the funds industry.   👏This year, we have been shortlisted by Funds Europe as • European Custodian of the Year • European Transfer Agent of the Year • European Digital Asset Servicer of the Year   👏And Asset Servicing Times as • European Custodian of the Year • Client service for Custody Award • Americas Custodian (including LatAm)   We’re really looking forward to attending the Funds Europe and Asset Serciving Time awards. We’ll be keeping our fingers crossed on the night, and best wishes to everyone else who has been shortlisted.

𝗪𝗲'𝘃𝗲 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗱 𝗿𝗲𝗰𝗼𝗿𝗱 𝗿𝗮𝗻𝗸𝗶𝗻𝗴𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝘂𝗿𝘃𝗲𝘆𝘀. Check out the servicing categories where we’ve jumped a position or two!     As one of the world’s leading asset servicing groups with some €5tn under custody and €3.5tn under administration at end-June 2024, our new Luxembourg rankings reflect both our longstanding commitment to the Grand Duchy and the confidence we’ve been building with our clients for over two decades.    The annual survey report published by independent fund industry research company, Monterey Insight, revealed that CACEIS now ranks among the Top-3 asset servicing groups in Luxembourg. 👏 Our ceaseless pursuit of a growth strategy has seen CACEIS become one of the top providers across the following key areas of expertise: - Transfer Agency - Fund Administration - Custody and Depositary   We are also a leading service provider for private market funds across the same categories, achieving the following rankings: - No. 1 Private Market Fund Custodian/Depositary 🥇 - No. 3 Private Market Fund Administrator 🥉 - No. 3 Private Market Fund Transfer Agent 🥉   With 750 expert staff working in 14 countries, our Private Equity and Real Estate (PERE) division makes us a European market leader, with the No. 1 spot in France and Luxembourg in terms of custody, and a Top-5 group in 6 other key European jurisdictions, with almost €630bn under depositary and over €300bn under administration. Servicing a clientele of top-tier investment companies across Europe, the UK and the US, CACEIS’ PERE Division ranks us as Europe’s leading asset servicing provider for European private market funds.    Clearly, our company strategy is paying off and we are on the right track to achieve our objective of becoming the European leader in asset servicing by 2030. #AssetServicing #FundManagement #PrivateAssets

💡𝗗𝗼 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗵𝗲𝗮𝗿 𝗮𝗯𝗼𝘂𝘁 𝗖𝗔𝗖𝗘𝗜𝗦’ 𝘃𝗶𝘀𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲?   The emergence of digital assets is a key milestone for the financial services industry and will change how markets and companies operate, alongside providing a greater range of products and services. The conference will be exploring three key areas:   ▪️ Investing in the digital era: navigating a new reality beyond the hype.   ▪️ The current state of play between US and European digital assets markets - Focus on market’s maturity level and difference of regulatory frameworks ▪️ Investment management democratization through technology – How to access new capital by bringing innovation in the investment management and private capital world? Register the US Deloitte event here ➡️ https://lnkd.in/dxNqQxFg

💥 We are pleased to announce that, in collaboration with numerous leading financial institutions, we successfully demonstrated ... ⬇

The latest trends in the digital space – from artificial intelligence to tokenization and what that means for CACEIS as an asset servicer.

𝗣𝗿𝗲̂𝘁(𝗲) 𝗮̀ 𝗱𝗲́𝗰𝗼𝘂𝘃𝗿𝗶𝗿 𝗹𝗲𝘀 𝗰𝗼𝘂𝗹𝗶𝘀𝘀𝗲𝘀 𝗱𝗲 𝗹𝗮 𝗹𝗶𝗴𝗻𝗲 𝗺𝗲́𝘁𝗶𝗲𝗿 𝘀𝗽𝗲́𝗰𝗶𝗮𝗹𝗶𝘀𝗲́𝗲 𝗱𝗮𝗻𝘀 𝗹𝗲𝘀 𝗳𝗼𝗻𝗱𝘀 𝗮𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗳𝘀 𝗱𝗲 𝗖𝗔𝗖𝗘𝗜𝗦 𝗮̀ 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴 ? Après seulement trois ans au sein de CACEIS, Eglantine Richard et Théophane Couderc sont déjà des spécialistes des "fonds non côtés - Private Equity & Real Estate". Ce qui leur plait ? Travailler en mode start-up. Une banque dans la banque, disent-ils… Encore peu étudié en école, le métier de dépositaire est riche et varié ! Envie de progresser rapidement dans un métier en forte croissance ? Eglantine et Théophane vous présentent leurs métiers avec passion, technicité et précision.

💡#SecuritiesLending 𝗧𝗼𝘄𝗮𝗿𝗱𝘀 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝗱𝗿𝗶𝘃𝗲 𝗴𝗿𝗼𝘄𝘁𝗵?    The latest 𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗟𝗲𝗻𝗱𝗶𝗻𝗴 𝗙𝗼𝗿𝘂𝗺 confirms that regulation continues to have a significant impact on the securities lending market creating both, new challenges and new opportunities.   𝗛𝗼𝘄? Recent regulations have significantly impacted the securities lending market by enhancing transparency and efficiency, in particular through SFTR and CSDR, as well as the shift to T+1 settlements to boost liquidity. However, these changes have imposed substantial and costly obligations on banks. As a result, we are focusing on reducing the cost of posting collateral and improving overall capital efficiency. From a trading perspective, we are now closely monitoring banking risk ratios, such as Risk-Weighted Assets (RWA) and collateral optimisation. Basel III is a challenge for banks and indirectly for lenders. It is essential to optimise trading structures and offer tailor-made solutions to clients in order to maintain business volumes.   𝗧𝗵𝗲 𝗼𝘂𝘁𝗹𝗼𝗼𝗸?  We need to find new operational models in order to support the growth. Tokenisation is one of the most important market initiatives. It can bring more transparency and efficiency in the future, especially in collateral management, such as further settlement cycle as well as opening the door to new asset classes. Addressing inefficiencies in collateral settlement (DVP and FOP) can help decrease banks’ costs of capital and boost intraday liquidity.   And you, have you already started experimenting with tokenisation for collateral management? Share your thoughts in comments.⬇️ Julien Berge Joanna Ksenzova #AssetServicing #SecuritiesLending #CollateralManagement

📍Our UK team are at the Pensions and Lifetime Savings Association Annual Conference in Liverpool, reflecting our deep commitment to pensions and to the PLSA, which helps the industry to advance the important topic of pensions.   Stop by our stand to discuss issues of the market with Nils Mordt, James Parish, Scott Foster, Helen Barnes, Henry Spalding, Matthew Ives, Jessy M. and Teresa Olafsson. #PLSA #AssetServicing #PensionFunds #PensionSchemes

𝗕𝗿𝗮𝗻𝗱 𝗻𝗲𝘄 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗣𝗿𝗼𝘃𝗶𝗱𝗲𝗿 (𝗗𝗔𝗦𝗣) 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 for CACEIS Bank in Spain. 𝗢𝘂𝗿 𝗲𝗻𝘁𝗶𝘁𝘆 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘁𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗯𝗮𝗻𝗸 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗼𝗻𝗹𝘆 𝗰𝘂𝘀𝘁𝗼𝗱𝘆 𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘀𝘁 in Spain to be granted as DASP status by the Bank of Spain.   The Bank of Spain registration enables CACEIS Bank in Spain to offer digital asset custody services to third parties and to respond to the growing demand from institutional clients.   𝗧𝗵𝗶𝘀 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝘁𝗼𝘄𝗮𝗿𝗱𝘀 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗮 𝗰𝗿𝘆𝗽𝘁𝗼-𝗮𝘀𝘀𝗲𝘁 𝘀𝗲𝗿𝘃𝗶𝗰𝗲 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗿, following the MiCA regulation's implementation in January 2025.   𝗧𝗵𝗲 𝗻𝗲𝘅𝘁 𝘀𝘁𝗲𝗽 will be to submit the required license to the CNMV (National Securities Market Commission), the regulatory body responsible for overseeing and regulating the securities markets in Spain. With the implementation of the MiCA (Markets in Crypto-Assets) regulation, CNMV will supervise crypto-asset service providers, evaluating and granting licenses to entities wishing to offer crypto-related services.   As a reminder, CACEIS Bank in France has already been granted DASP (Digital Assets Service Provider) status in 2023 by the AMF (France’s Financial Markets Authority), acting on the advice of the ACPR (France’s Prudential Control and Resolution Authority). #AssetManagement #AssetServicing #DigitalAssets #Regulatory