Societe Generale said that the new service will provide one-stop solution combining the custody, trustee, administration, execution and finance tools required to set up UCITS compliant funds, along with the core services required to operate them.

The new solution was developed by teams from Societe Generale Securities Services and Societe Generale Corporate & Investment Banking.

According to the Societe Generale, the solution will offer an alternative to using a UCITS platform and access to independent assistance on corporate and operational infrastructure, Societe Generale Securities Services’ global custody, trustee and administration services, including liquidity management, collateral management and OTC derivative pricing.

The solution will provide synthetic shorting via Societe Generale Corporate & Investment Banking’s Dynamic Portfolio Swap Platform.