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Sundaram BNP Paribas Fund Services Ltd is a joint venture between Sundaram Finance Limited and BNP Paribas Securities Services. The joint venture, which is 51 per cent owned by Sundaram Finance Limited and 49 per cent owned by BNP Paribas Securities Services, adds to the existing strategic partnership between the two groups established in 2005.
Sundaram BNP Paribas Fund Services is headquartered in Chennai and dedicated to providing a full range of securities services, including fund accounting and transfer agency services in India. This Fund services joint-venture brings together BNP Paribas Securities Services global expertise and technology, with Sundaram Finance local expertise and knowledge.
Sundaram BNP Paribas Fund Services Ltd will be the "preferred R&TA" by providing full range of securities services including fund accounting and transfer agency services in India. Sundaram BNP Paribas Fund Services Ltd is committed to achieve this by building upon the principles of partnership with its customers supported by "Truth, Trust and Teamwork". The Company will differentiate itself by its superior client servicing driven by strong risk management practices, innovation and smart use of technology. Sundaram BNP Paribas Fund Services Ltd is driven by the values of honesty, service, humility, fair play and openness towards its customers, shareholders and all other stakeholders.
Sundaram Finance group (www.sundaramfinance.com) with over five decades in the financial services space is one of the largest retail financial services players in India with assets exceeding Rs. 8,400 crores. In addition to vehicle financing, the SFL group offers a broad spectrum of financial products to its retail customers, including home loans, mutual funds, and general insurance products. SFL and its financial products distribution arm have a nationwide network of over 425 branches and a team of more than 3500 people. SFL also has a presence in the Information Technology business through its subsidiary.
As a wholly owned subsidiary of BNP Paribas, BNP Paribas Securities Services (www.securities.bnpparibas.com) is the worlds highest rated custody bank (Standard &; Poors AA+). With euro 3.6 trillion assets under custody, euro 744 billion assets under administration and close to 6,000 funds administered, BNP Paribas Securities Services is the eurozones leading securities services provider and rated number 5 in the world.
BNP Paribas Securities Services has a unique multi-local model, servicing both the buy-side and sell-side with 5,600 employees worldwide, a local presence across 25 countries and global coverage of 100 markets.
| SERVICE : || To be of service even when time is against you. |
| DISCIPLINE: || To Know that discipline is your ally in all situations. |
| PRUDENCE : || To be the voice of prudence in the midst of chaos. |
| FAIR PLAY : || To stand for fair play when the odds are stacked against you. |
| HONESTY : || To believe that honesty is the best policy. |
| INTEGRITY : || To put integrity above all else. |
| HUMILITY : || To realise that humility is the greatest virtue. |
| OPENNESS : || To be open to scrutiny, anywhere, anytime. |
| RELATIONSHIP : || To know that we are not merely the holders of people's money but more importantly the custodians of their trust. |
| CLIENT FOCUS : || Engaging to realise clients' goals We place our clients at the heart of everything we do. We are committed to understanding and anticipating their needs to exceed their expectations. |
| TEAM SPIRIT : || Going further together Our community embraces our strengths and promotes the sharing of expertise to deliver the best results. |
| EXCELLENCE : || Rising above and beyond.Excellence underlines everything we do to maintain our client commitment as the bank for securities servicing in a changing world. |
| RESPECT : || Acting with integrity and consideration.Our approach is based upon the highest regard for each other, our clients and our markets. |
| INNOVATION : || Pioneering new solutions We foster initiative and creativity, optimising our talents to realise our clients goals. |
| FUN : || Injecting energy and motivation.Together we create an enjoyable environment that fuels our ambition and is the catalyst for all our values. |