SocGen SS Italy appoints head of Financial Institutional and Brokers
Societe Generale Securities Services in Italy has appointed Cristina Belotti as head of Financial Institutions and Brokers. Previously Sales & Relationship Manager and Head of TARGET2-Securities (T2S) Products for SGSS S.p.A, she joins the global Financial Institutions and Brokers team led by Guillaume Heraud, global head of Development for Financial Institutions and Brokers.
Based in Milan at SGSS S.p.A.’s head office, Cristina Belotti reports to Guillaume Heraud in Paris and Silvano Viotti, head of Business Development for SGSS S.p.A. Her appointment took effect on 1st January 2015.
Cristina Belotti will continue to define and implement SGSS S.p.A.’s strategy for Financial Institutions and Brokers. In particular, she will play a key role in developing Italy’s product strategy for this clientele, extending the range of value-added services provided, anticipating client needs and adapting SGSS S.p.A’s service offering in line with the evolving post-trade landscape.
One major market initiative, which will impact Financial Institutions and Brokers, is the new European T2S settlement platform, planned for launch on June 22nd 2015, with Italy among the first countries to migrate. T2S will operate under a single set of harmonised operating rules and business processes aimed at bringing down barriers to cross-border post-trade activities in Europe.
SGSS in Italy offers a complete range of securities services to a client-base of asset managers and asset owners, financial institutions and brokers. These include settlement, custody and trustee services, fund administration, middle-office services, risk & performance, liquidity management and transfer agent services.
“Cristina Belotti will pursue the development of our dedicated suite of services allowing Financial Institutions and Brokers to fully benefit from the T2S platform and support their cross-border settlements and liquidity management, as well as to provide them with significant asset servicing expertise,” comments Guillaume Heraud.
“As a Directly Connected Participant (DCP) to this ground-breaking platform, SGSS will provide access to all key markets as they join progressively, starting with the Italian and Swiss markets in June, thus allowing them to benefit from T2S’ functionalities and processes.”