A leading global player since the mid-1980s and the fastest growing Derivatives Execution & Clearing (DEC) business globally in the recent years. We help clients alleviate impacts and challenges of regulatory developments on DEC, and provide clients with access to leading markets through over 70 exchanges and major Central Counterparty Clearing Houses (CCPs). The teams provide a rage of efficient post-trade solutions that enables clients to automate allocation, manage positions and process reporting. We have a comprehensive in-house algorithm offering, through FinTech partnerships and a global voice desk, and strong commitment in our digital platforms to deliver best-in-class service to clients.
Risk Management & Credit Counterparty
As a leading European bank and a prominent global institution, BNP Paribas’ strong credit ratings provide our clients with confidence in all market conditions. The FXPB platform has long-standing robust risk management capabilities with multiple margin methodologies to appropriately support different trading strategies, including cross-margining capabilities.
With a deep understanding of the platform costs and operations requirements, BNP Paribas has a stable, sustainable and growing FXPB franchise. We help drive industry conversations across the FXPB ecosystem, particularly on systemic topics such as the ‘over-allocation’ of credit lines and ‘dry powder’ risk.
Technology & Reporting
Operating independently of 3rd party providers, BNP Paribas’ proprietary technology offers maximum flexibility to clients with our integration solutions including Financial Information eXchange (FIX) and File Transfer Protocol (FTP) integrations.
‘Infinity’ is BNP Paribas’ front-to-back system which includes end-to-end matching engine, trade booking, real-time risk management, with a full reporting suite which is proprietarily developed in-house by BNP Paribas. It provides enhanced flexibility compared with a 3rd party vendor approach, enabling special integration and bespoke functionality for clients.
‘DataDirect’ provides a full suite of end-of-day and intraday (real time) reports for positions, credit, trades and margin. It offers position rolls and closeouts via BNP Paribas’ online portal.
Global Client Coverage
BNP Paribas has a global coverage model that supports customers across the international time zones. This includes dedicated staff across relationship management, risk, operations and technology teams that offer a follow-the-sun model to meet client needs no matter their location. Our experts have deep industry knowledge with experiences in supporting diverse client segments, FX trade workflows and trading venues. Our FXPB business offers dedicated coverage for each client on the platform throughout the entire client journey.
For more information, please contact BNP Paribas’ Foreign Exchange Prime Brokerage team: