Sundaram BNP Paribas Fund Services in third week of May 2014 was awarded with International Standards for Assurance Engagements (ISAE) Type II certification for maintaining high quality operating model and having effective control systems.
With this Sundaram BNP Paribas became the only RTA (Registrar and Transfer Agent) of the country to be awarded with the ISAE Type II certification.
Its assessment for ISAE Type I certificate was completed in 2013.
About Sundaram BNP Paribas Fund Services Ltd
Sundaram BNP Paribas Fund Services Ltd is a joint venture between Sundaram Finance Limited and BNP Paribas Securities Services. In this joint venture 51 percent is owned by Sundaram Finance Limited and rest 49 percent is with BNP Paribas Securities Services.
It is headquartered in Chennai and provides full range of securities services including fund accounting and transfer agency services in India.
CEO of Sundaram BNP Paribas Fund Services – Shridhar Iyer