BGL BNP Paribas and Finologee have partnered to accelerate and simplify the activation of BGL BNP Paribas accounts within Finologee’s Banking Orchestrator (formerly known as LYNKS). The streamlined process is designed primarily for asset managers, central administrators and depositaries who use the Orchestrator to manage payments, reporting, oversight workflows and liquidity operations. Institutions and corporates with similar operational needs also stand to benefit. The onboarding can be initiated through either party, with Finologee teams available as a single point of contact throughout.

BGL BNP Paribas and Finologee streamline account activation on the Banking Orchestrator

Finologee’s Banking Orchestrator serves as a central operational layer for bank account management, payment execution, transaction reporting and oversight. Its client base is rooted in Luxembourg’s asset servicing industry – central administrators operating accounts on behalf of fund structures, asset managers executing treasury and investment workflows, and depositaries fulfilling their supervisory mandates. With BGL BNP Paribas among the most widely held banking relationships in this segment, the jointly designed activation process removes friction for clients who want to access their BGL BNP Paribas accounts through the Orchestrator and put its capabilities to work without delay.

“BGL BNP Paribas is one of the banking relationships our clients hold most frequently, so it made perfect sense to work together on a streamlined activation path. Our clients want speed and simplicity. They can now activate their BGL BNP Paribas accounts on FinologeeBKO through a coordinated process with minimal lead time and no administrative friction. The result is faster operational readiness and immediate access to payment initiation, consolidated reporting, depositary controls and liquidity management.”

Raoul Mulheims, Co-Founder and CEO at Finologee

How asset servicing clients use the Banking Orchestrator

Central administrators use FinologeeBKO to operate their clients’ bank accounts from a centralised interface: payments and cash management, account and balance aggregation, counterparty verification and signatory management all flow through one platform rather than through separate e-banking portals. Operators configure user rights, signatory rules and approval chains autonomously and can grant their end clients – including asset managers and general partners – view-only or e-signing access as needed. By connecting the Orchestrator to their core systems, they automate processes such as capital call reconciliation, bulk fee collection and accounting feeds – delivering up-to-date cash position monitoring, consolidated reporting and tighter risk governance across all entities and accounts under management.

Depositaries leverage the Orchestrator to structure their oversight obligations. The platform supports ex-ante transaction control workflows where investment transactions – initiated by central administrators or asset managers through secured interfaces with designated signatories – are submitted with the required documentation. Depositary teams review and validate each transaction under a four-eyes principle embedded in the workflow, before the instruction is released to the bank. For non-bank depositaries in particular, this provides structured visibility into accounts held at banks outside their own perimeter. The result is full transparency across the transaction lifecycle, with depositary oversight fully auditable across all accounts in scope.

Beyond asset servicing, institutions and corporates also deploy FinologeeBKO to centralise their banking connectivity and automate data exchange, from bulk payment execution to statement retrieval. The platform equally supports self-managed liquidity optimisation strategies, including rule-based cash sweeping and balance redistribution within defined floor and ceiling thresholds – parameters that can be adjusted autonomously as treasury requirements evolve.

For all of these client profiles, the jointly designed activation model significantly reduces time-to-production and eliminates unnecessary administrative back-and-forth. Instead of navigating parallel onboarding tracks, clients benefit from a coordinated process that can be initiated via either BGL BNP Paribas or Finologee, with Finologee acting as a central point of coordination throughout. The result: faster operational readiness and immediate access to the full orchestration capabilities of FinologeeBKO.

“As asset servicing clients’ operational requirements grow more sophisticated, it is important that we facilitate access to the platforms and tools they rely on. The collaboration with Finologee allows our account holders to activate their BGL BNP Paribas accounts on FinologeeBKO through a straightforward process and to benefit from the banking management, oversight and automation capabilities the platform provides. It is a concrete step towards meeting the expectations of fund administrators, asset managers and depositaries who need efficient operational infrastructure to support their day-to-day activities.”

Sylvain Stéphane Genton, Head of Transaction Banking at BGL BNP Paribas

The collaboration reflects a broader trend in Luxembourg’s asset servicing landscape, where operational efficiency increasingly depends on how well banking relationships and specialised platforms work together. For clients of both organisations, the agreement translates into faster account activation, reduced onboarding overhead and immediate access to the full scope of FinologeeBKO’s orchestration capabilities.

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