Societe Generale Securities Services

Societe Generale Securities Services is the company of Societe Generale Group specialized in the ​​Securities Services.

SGSS has been present in Italy since September 2006 through a dedicated bank, firstly with the brand 2S Banca S.p.A. (born in January of the same year as a result of a spin-off of the UniCredit Group), and then as SGSS S.p.A. in January 2008. 

Rankings, ratings and certifications

  • In the Global Custodian Agent bank in Major Market survey 2017, SGSS once again comes out with the highest overall average in Italy this year.
    The bank excelled in Income Collection and Corporate Actions where it scored well above the market and, indeed, global averages. This continues its strong results from last year in almost all categories. Clients were enthusiastic about the bank’s proactivity and dedicated relationship management. All-in-all this seems to confirm its smooth performance in the Italian market.
    It’s important to underline that the areas where SGSS S.p.A. scored above all are 7 out of 10:

    Value and Commitment
    Client Service
    Corporate Action
    Cash Management
    Income Collection
    Tax Reclaim

  • For 2017, through controls carried out by the external auditors Deloitte, SGSS S.p.A. has obtained ISAE 3402 TYPE II certification (International Standard on Assurance Engagement)  for the compliance and efficiency of its internal control procedures for its Custody, Settlement, Depositary Bank, Local Paying Agent, Fund Administration services as well as for its Securities Data Management and Product Financial Solutions.
  • Thomas Murray, the specialist in rating for custody and risk management, judged the quality of SGSS S.p.A. services with rating A, which means a “Strong” capability of providing custody services.

More than a partnership: a genuine team! 

Our ambition is to be the reference partner in our main markets, recognised for our service quality and competitiveness, agile solutions and international network coverage.

We build long-lasting, collaborative relationships with our clients to help them go further in their development. In today’s constantly evolving and complex world, we strive to provide our clients with increasingly efficient and reliable securities services on a daily basis to ensure they get ahead.

Our clients are institutional investors (insurance companies, pension funds, governmental organisations and international organisations), asset managers, financial intermediaries (brokers, investments banks, private banks, commercial banks) and corporates.

Established in 26 locations worldwide with 4,000 employees, SGSS provides a full range of securities services that are adapted to the latest financial markets and regulatory trends: clearing services, custody and trustee services, retail custody services, liquidity management, fund administration and asset servicing, fund distribution and global issuer services. 

SGSS is among the top ten global custodians and the 2nd largest European custodian with EUR 4.011 billion of assets under custody. SGSS provides custody & trustee services for 3.538* funds and the valuation of 4.153* funds, representing assets under administration of EUR 609* billion.

SGSS ranks among the European leaders in stock option management.

More information on securities services website: securities-services.societegenerale.com 

*Figures at end December 2018