16 September 2013
The bank officially launches CENTRIC in Australia, the latest addition to BNP Paribas’ suite of electronic market platforms.
CENTRIC has been created especially for our corporate client base, to give them access to a range of electronic transaction banking and fixed income products and services. It is a multi-product application-based platform that will give our corporate clients complete control of their treasury business operations via a single portal.
BNP Paribas’ electronic markets offering has experienced significant growth across all business lines and asset classes over the last 12 months and, as a joint venture between Global Transaction Banking and Fixed Income, CENTRIC brings opportunity for further development. The platform will facilitate the ability to cross-sell products, enabling the bank to service new client types and regions. Available from today in Australia, Hong Kong and Singapore, CENTRIC will expand by the end of the year into other key territories in Asia-Pacific, in the Middle-East and in Africa before being deployed in the rest of the world next year.
What is CENTRIC?
CENTRIC is an application-based platform that offers clients a new way to access BNP Paribas’ transaction banking and fixed income applications. Accessible through a single-point-of-entry, CENTRIC offers clients a full range of front-to-back products such as cash management, trade finance, FX hedging, and research products and services, combined with intuitive widget functionality.
Commenting on the launch, Eric Raynaud, Chief Executive Officer, Asia-Pacific at BNP Paribas, says “The launch of CENTRIC represents another significant step forward in our provision of products and services to our corporate client base and underpins the bank’s commitment to growing our business in the Asia-Pacific markets. The corporate market is key pillar to achieving growth in the region and through the provision of CENTRIC we can continue to support the diverse needs of our corporate client base.”
If you require more information, please direct your questions to the CENTRIC Client Services Team via:
Australia: +61 1300 652 459