BNP Paribas Joins Osttra Owners

BNP Paribas has joined a number of its peers in investing in post-trade and workflow services provider Osttra, which was bought by funds managed by KKR last year.

Although the size of BNP’s investment was not revealed, earlier this year six of its peers, Bank of America, Barclays, Citi, HSBC, UBS and Wells Fargo, invested $100 million in the business, which is still majority owned by the KKR funds.

Working alongside KKR and the consortium, BNP Paribas says it will collaborate with Osttra as it continues to advance its global post-trade ecosystem, streamlining workflows, reducing operational risk, and enhancing market efficiency across asset classes.

“Joining this consortium reflects our commitment to advancing market infrastructure and working collaboratively with Osttra to deliver next-generation operational solutions for our clients. Osttra’s post-trade architecture is central to the resilience and efficiency of global capital markets.”

John Stewart and Guy Rowcliffe, co-CEOs at OSTTRA, add, “BNP Paribas’ participation further strengthens our collective focus on driving innovation, growth, and efficiency across the global post-trade lifecycle.”