Securities Services

We handle the entire post trading process.  we meet the needs of our institutional clients, through a dedicated offer on the domestic and more than 40 foreign markets.

Intesa Sanpaolo is General Participant in Cassa di Compensazione e Garanzia – the Italian CCP – for equities and bond sections and Direct Participant (DCP) in T2S for the Italian, German and ESES (France, Belgium and the Netherlands) markets.

The offered advantages:

• Standing orders (customized deadlines, settlements with same-day cash, conditional/circular transactions, partial settlements)
• position clearing routines (“self-instruction” tools, flexible formats for order aggregation and personalized booking models)
• flexible pricing structures for the services (booking, counter-value, settlement, positions clearing)
• reconciliation of transactions, captured from the market
• agreements at various levels, General Clearing Member/Non-Clearing Member/Settlement agent.
• use of advanced CRM systems for handling and tracking of enquiries
• market intelligence services: information on the markets’ news and changes with specific impact on the activities of securities services on all the markets covered by the securities services offer
• management and monitoring of the entire settlement process, pro-active management of customer issues and efficient processing with same-day turnaround
• real-time communication of status updates of settlement operations
• technologically advanced solutions: complete automation of securities settlement systems, totally integrated in the operating platforms
• Cash management: consolidated management of the liquidity of clients with sophisticated pooling system, together with efficient operational deadlines/cut offs. Liquidity forecast services
• fail Coverage on main markets

Besides we also offer the possibility to further customize the following services:

• securities lending (Sd-1/Sd, automatic fail coverage, automatic securities recall, most efficient settlement rates)
• cash management (communications/telephone notice trends, real-time information on Internet, automatic e-mails, benchmarking to market rates)
• risk monitoring
• margins management
• auction settlement.

We offer a range of innovative, customized, integrated solutions for custody, securities administration, with a background of a long-lasting tradition in customer service and the ability to handle significant volumes.

Our services and strengths:

• specialised operations and relationship staff thanks to solid skills developed on the Italian and international markets; strong expertise in client service for settlement, corporate action and taxation
•  strong expertise in client service for settlement, corporate action and taxation
• flexibility in the definition of the structure of securities and cash accounts
• coverage of more than 40 foreign markets with a dedicated network management office
• corporate actions management
• management of corporate meetings and all the activities linked to them
• timely and complete information and reporting services on dividends, coupons, refunds and corporate events; specific reports on securities held in custody
• tax services – customer support for the management of taxation on different markets (relief at source and refund)
• market intelligence services: information on the markets’ news and changes with specific impact on the activities of securities services on all the markets covered by the securities services offer
• flexibility in developing customized solutions (specific structures for managing standing instructions, reporting customization, etc.)
• flexible and innovative business models, such as account operator service, asset servicing only, dedicated to intermediaries with direct access to T2S​

We offer an integrated trading and settlement solution “End-to-End” (EXSet), designed to allow clients an efficiency of operational processes, a reduction in the costs of infrastructure and a major focus on the services to the end client.

Thanks to the high level of integration between the activities of the Market HUB and Securities Services structures, the process of trading-post trading is STP and is in fact an integrated custody service, with clear commercial, operational, risk management advantages, which allow clients to delegate to the broker/intermediary the activity of sending settlement instructions to the settlement agent.

EXSet offer an integrated service of Execution and Settlement, in accordance with regulatory requirements:

• Optimization of orders execution
• Automation of settlement
• Reporting in any phase of the life cycle of the orders.

We offer channels for a direct and automated bank-client financial insitution dialogue, for all securities services activities (clearing, settlement and custody), in particular STP communication tools: SWIFT, dedicated web portal, host-to-host connections.