BNP online platform

The fixed income division of French bank BNP Paribas has designed an online platform to market bonds, credit and equity derivatives and notes linked to commodities, inflation and FX to private banks and retail distributors on a global scale.

BNP Paribas says this is the first ever platform of its kind. It is linked to a strategic move by the bank towards a “cross-asset structured retail business,” encompassing both the firm’s own retail, private banking and online outlets, together with third-party distributors and external private banking groups.

This is the second recent group-wide initiative. It follows last year’s launch of CFM, the bank’s third-party fund selection unit.