Absolutely! Here’s a rewritten, 2000-word version of the article about BNP Paribas’ Securities Services business selecting Confluence Unity Financial Reporting to automate private capital operations:
BNP Paribas Partners with Confluence to Revolutionize Financial Reporting for Private Capital Through Unified Automation Platform
In a significant move toward transforming how financial institutions manage and report on private capital, BNP Paribas’ Securities Services business—one of the world’s most prominent asset servicers—has entered into a strategic partnership with Confluence, a global leader in regulatory, analytics, and investor communications solutions. The collaboration centers around the implementation of Confluence’s Unity Financial Reporting platform to enhance and streamline BNP Paribas’ reporting infrastructure for its private capital clients.
This partnership signals a new era in operational efficiency, as BNP Paribas seeks to deploy best-in-class digital solutions to modernize how financial data is processed, interpreted, and delivered to stakeholders across its global operations. Through Unity, BNP Paribas aims to achieve a harmonized reporting framework that automates the intricate processes tied to private capital management while ensuring scalability, regulatory compliance, and improved end-client service.
Accelerating Automation in the Private Capital Space
The private capital sector has witnessed explosive growth in recent years, with alternative investment vehicles becoming an increasingly important part of institutional and individual portfolios. Managing data in this highly complex, non-standardized segment requires robust infrastructure, agile reporting tools, and deep domain expertise—attributes that Confluence’s Unity Financial Reporting platform is designed to deliver.
By leveraging Unity’s powerful automation capabilities, BNP Paribas intends to eliminate redundant manual processes, reduce operational risk, and improve turnaround times on crucial reports. The transition away from spreadsheet-based systems toward an integrated reporting ecosystem will allow BNP Paribas’ Securities Services business to provide consistent, accurate, and timely financial disclosures—an essential advantage as private capital continues to scale globally.
“As a leading asset servicing partner, we are committed to using technology to enhance our reporting processes and deliver greater efficiency for our clients,” stated Laurent Durdilly, Global Head of Private Capital at BNP Paribas’ Securities Services. “Confluence’s Unity Financial Reporting is a best-of-breed solution that will enable us to further automate workflows, reduce complexity, and scale our reporting capabilities globally.”
Delivering a Unified Experience Across Global Operations
Unity Financial Reporting is built to support financial reporting across all fund structures—from traditional mutual funds governed by the Investment Company Act of 1940 and UCITS funds, to alternative asset classes such as private equity, real estate, infrastructure, and venture capital. The platform enables seamless data integration and report generation across borders, ensuring that BNP Paribas teams in Europe, the Americas, Asia-Pacific, and other regions can work within a unified and collaborative environment.
One of the key drivers of BNP Paribas’ decision to adopt Unity is its ability to provide a standardized user experience and consolidated data architecture that can accommodate the complexities of private capital. This ensures reporting processes are harmonized regardless of local regulations, time zones, or fund structures—enabling the bank to scale its services and maintain consistency across its $13.7 trillion in assets under custody and $2.8 trillion in assets under administration (as of December 2024).
The Unity platform will also serve as a crucial enabler for BNP Paribas’ proprietary digital platforms, such as CapLink Private, which is designed to provide clients with end-to-end visibility and control over their private capital investments. By integrating Confluence’s robust automation features into its digital client interfaces, BNP Paribas is poised to offer unparalleled transparency and responsiveness to fund managers and institutional investors alike.
Enhancing Regulatory Compliance and Data Governance
Private capital managers and their service providers face an increasingly complex regulatory landscape, with evolving disclosure requirements, stringent audit controls, and growing demands for investor transparency. Unity Financial Reporting helps firms stay ahead of these challenges by embedding compliance and data governance into the core of the reporting lifecycle.
The platform minimizes the reliance on error-prone manual workflows and consolidates data into a centralized system, making it easier for reporting teams to manage changes, apply regulatory rules, and deliver audit-ready financial reports with accuracy and speed.
“For global institutions managing multiple fund structures and jurisdictions, automation isn’t just a convenience—it’s a necessity,” said Todd Moyer, President and Chief Operating Officer at Confluence. “Unity Financial Reporting enables firms to enhance efficiency, reduce costs, and improve the end-client experience across multiple markets. We’re proud to support BNP Paribas in optimizing operations for their fast-growing private capital business.”
With Unity, BNP Paribas can dynamically adapt to shifts in compliance obligations, such as those arising from AIFMD in Europe, the SEC’s evolving reporting mandates in the U.S., and bespoke reporting standards from LPs (limited partners) and institutional allocators. Confluence’s built-in rules engine, audit trail, and version controls ensure that BNP Paribas’ private capital reports are not only accurate and timely but also defensible under scrutiny.
Empowering Teams Through Scalable Technology
One of the hallmarks of Confluence’s Unity platform is its scalability. Designed to grow with its clients, Unity can support firms ranging from boutique asset managers to the world’s largest custodians and fund administrators. For BNP Paribas, this means being able to future-proof its private capital reporting infrastructure against the backdrop of surging fund complexity, increasing investor demands, and ever-tightening deadlines.
With more than 90 markets in its global custody network, BNP Paribas’ Securities Services business is uniquely positioned to capitalize on Unity’s flexibility. The solution allows local teams to tailor reports based on jurisdictional nuances while maintaining a consistent corporate reporting standard across regions.
Confluence’s modern architecture and cloud-ready deployment options also provide BNP Paribas with the agility needed to roll out enhancements and updates without disrupting daily operations. Whether launching new fund types, expanding into new geographies, or onboarding additional clients, the Unity platform offers the operational bandwidth to support BNP Paribas’ continued expansion in private capital servicing.
A Shared Vision for the Future of Private Capital
The partnership between BNP Paribas and Confluence represents more than just a technology implementation—it’s a reflection of a shared vision for the future of private capital services. Both organizations recognize that the future of financial reporting lies in intelligent automation, flexible infrastructure, and client-centric design.
BNP Paribas’ Securities Services business has long distinguished itself as a pioneer in adopting innovative technologies to improve client outcomes. Its dedication to delivering world-class asset servicing, combined with Confluence’s decades-long expertise in enterprise reporting solutions, sets a new benchmark for what is possible in the private capital space.
“We see growing demand among asset owners and managers for greater clarity, faster access to data, and smarter analytics,” said Moyer. “By integrating Unity into their global operating model, BNP Paribas is well-positioned to meet those demands and exceed client expectations.”
About Confluence
Confluence is a trusted name in the financial technology landscape, offering enterprise-level solutions that transform the way investment management firms meet regulatory, compliance, and investor reporting obligations. With over three decades of experience and a client base that spans more than 1,000 organizations in 40+ countries, Confluence combines deep industry knowledge with technical innovation to deliver best-in-class solutions.
Headquartered in Pittsburgh, Pennsylvania, Confluence employs more than 700 professionals across key financial hubs in the U.S., the UK, Europe, South Africa, Asia, and Australia. Its offerings include comprehensive platforms for financial reporting, performance analytics, regulatory compliance, and investor disclosures—all built to help firms drive operational excellence and stay ahead of industry demands.
For more information, visit www.confluence.com.
About BNP Paribas’ Securities Services
Securities Services at BNP Paribas is a leading global custodian offering multi-asset post-trade and asset servicing solutions to a diverse client base that includes buy-side and sell-side institutions, corporates, and issuers. With operations in over 90 countries and integration with BNP Paribas’ Global Banking and Global Markets divisions, Securities Services provides clients with unparalleled reach, efficiency, and investment opportunities.
Its Private Capital Services division delivers a comprehensive suite of fund administration, depositary, financing, and hedging solutions tailored for private equity, real estate, and other alternative asset managers. Supported by digital innovation, such as its CapLink Private platform, BNP Paribas continues to redefine what best-in-class asset servicing looks like in the private capital domain.
For more information, visit securities.cib.bnpparibas.
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