BNP Paribas has acquired a stake in AssetMetrix in a move it hopes will provide better information about investment in private equity to its investors. BNP Paribas looks to expand its private equity capabilities BNP Paribas Securities Services will be deploying AssetMetrix within its private capital business. The bank hopes that its clients will be able to optimise decision-making and enhance risk monitoring. Philippe Benoit, head of strategic business development and transformation at BNP Paribas Securities Services (SS), believes the deal is an “excellent example” of the work the bank is doing with fintechs. Laurent Durdilly, head of private capital…
BNP Paribas picks up stake in AssetMetrix