Societe Generale Securities Services (SGSS) offers new services for asset management companies wishing to develop innovative professional funds based on crypto currencies.
More and more investors want to integrate crypto currencies in their portfolios. Asset management companies are therefore looking to build new ranges of solutions invested mainly in digital assets.
To meet these specific needs, SGSS now offers asset managers to act as a fund custodian, valuator and liability manager. The services offered by SGSS allow asset management companies to enhance their offer in a simple and adapted manner, within the European regulatory framework.
A head start on the market
SGSS’s new service has just been adopted by Arquant Capital SAS. The asset management company, licensed by the French Financial Markets Authority (AMF, “Autorité des marchés financiers”) and labeled “Finance Innovation”, is opening a range of specialised professional funds under French law, actively managed and invested in crypto currencies. The first two products of the range in euros are mainly based on Bitcoin, Ether and derivatives.
“By combining Societe Generale’s innovation expertise with Arquant Capital’s technical skills, we are expanding SGSS’ ability to meet the diversification needs of asset managers,” said David Abitbol, Director of Societe Generale Securities Services.
“This solution provides Arquant Capital with an innovative structuring that allows us to scale our offering and focus on creating value for our clients,” adds Eron Angjele, CEO of Arquant Capital.
Societe Generale Group is already a recognized expert in crypto assets with its subsidiary Societe Generale – FORGE. It thus continues to develop its services related to digital assets to meet the needs of its clients.
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