French custodian bank Caceis has set out how its asset tokenisation and Connect Store initiatives will be the main pillars of its digital growth strategy for the foreseeable future.
At the annual Pensions and Lifetime Savings Association Investment Conference, in Edinburgh 6-8 June, Arnaud Misset, chief digital officer at Caceis, set out how these functions are creating its digital future.
Caceis last year confirmed its commitment to tokenisation when it signed an agreement with Taurus, a digital asset and blockchain leader in the European market. Since then, the integration of the Taurus platform has allowed it to enhance its digital offering, including tokenisation and digital asset issuance.
Caceis, the asset servicing banking group of Crédit Agricole and Santander, launched Connect Store in 2019. Misset said the digital service connects its customers with quality, third-party service providers.
Caceis Connect Store in November announced a partnership with sustainability technology platform Clarity AI. The partnership offers customers an expanded range of ESG and climate data and risk solutions to aid TCFD reporting.
Misset described the Connect Store platform as a “win-win” for both Caceis and its partner fintechs, which also include FundGlobam, Osmoze by Heavenize and SISMO.