BNP Paribas Securities Services Further Strengthens Product Lifecycle Management (PLM) Solutions with Expanded Use of Aras

Aras, a leader in Product Lifecycle Management (PLM) solutions and digital thread solutions for Engineering AI (Headquarters: Massachusetts, USA, CEO: Leon Lauridsen, Japan Branch: Aras Japan K.K., Headquarters: Chiyoda-ku, Tokyo, Japan Branch President: Masahiko Kuji), announced today that BNP Paribas Securities Services, a leading custodian bank, has expanded its use of Aras Innovator® to advance PLM across its global operations. The company manages $16.5 trillion in assets under custody and operates an exclusive network spanning 27 countries with over 10,800 employees. The business provides integrated solutions for all participants in the investment cycle, including financial intermediaries, institutional investors, corporations, and issuers.

The banking industry is constantly evolving amidst intense competition, increasingly stringent regulatory requirements, and rising customer expectations. In this environment, BNP Paribas Securities Services continuously seeks innovation to rapidly design, adapt, and optimize its products and solutions.

BNP Paribas Securities Services adopted Aras Innovator as its PLM solution in 2020. The initial objective was to implement an agile, collaborative platform to manage the product lifecycle, support new service development, and ensure traceability, regulatory compliance, and alignment with the internal policies of the BNP Paribas Group. Since its implementation, the solution has been a strategic driver of transformation and innovation for the business.

Stephanie Fournier, Deputy Head of COO Office, Business Development & Transformation, and Chief of Staff (CoS) for the Financial Intermediaries & Corporate Clients business line at BNP Paribas Securities Services, stated:

"The lifecycle of financial products is similar to that of industrial products and presents similar challenges, making a PLM solution a natural choice. Aras Innovator precisely met the need for solutions that enhance operational agility, allowing BNP Paribas Securities Services to be an early adopter of PLM process digitalization in the financial industry. This includes everything from managing the catalog of products and solutions offered to the newly added customer pricing process."

BNP Paribas Securities Services stands out as a pioneer in adopting PLM technology in the financial industry, a domain traditionally dominated by manufacturing. Since 2020, the division has progressively rolled out Aras Innovator to over 1,300 users with the primary goals of:

Managing over 100 products and their derivative variations across multiple markets and regions, centralizing all relevant data.

Efficiently overseeing the development of products and solutions that comply with financial regulations and meet customer expectations.

Addressing challenges in automation and data management within a complex environment.

Ensuring traceability and strengthening control processes.

Leveraging standardized processes and an agile technology architecture.

The benefits of adopting Aras Innovator's centralized data management include:

Improved traceability: Enhances compliance by recording the change history of financial products.

Increased reliability: Strengthens risk management across processes through automated workflows.

Fostering innovation: Promotes innovation through process optimization.

Fabien Albuscher, Head of Product Lifecycle Transformation at BNP Paribas Securities Services, commented:

"Aras Innovator now serves as a robust digital foundation for our product development process. It strengthens collaboration between business and support departments, fosters a common understanding, and acts as a single source of truth, ensuring product integrity and reliability while supporting process standardization and optimization."

Building on the success of the initial implementation and the platform's continuous evolution, BNP Paribas Securities Services embarked on a new strategic initiative in 2024 to digitalize its customer pricing process (pricing module). This transformation marked a significant milestone for the division. The new module, the first step in this digitalization effort, was designed and developed between March and September 2025 and deployed to 600 employees worldwide.

The implementation of Aras Innovator at BNP Paribas Securities Services has been a major driver of operational transformation. By digitalizing and automating PLM processes, the division has enhanced its agility, reliability, and innovation capabilities.

BNP Paribas Securities Services reaffirms its commitment to continued transformation, focusing on initiatives to improve operational efficiency, ensure regulatory compliance, and drive innovation in customer service.

About BNP Paribas Securities Services

BNP Paribas Securities Services is a leading global custodian bank providing multi-asset post-trade and asset servicing solutions to buy-side and sell-side market participants, corporations, and issuers. With one of the largest global networks covering over 90 markets, it helps clients maximize investment opportunities worldwide. As a pillar supporting BNP Paribas' diversified banking model, Securities Services offers asset servicing solutions in close cooperation with other Group divisions, particularly Global Banking and Global Markets.

As of March 31, 2026, Securities Services had total assets under custody of $16.5 trillion, assets under management of $3.6 trillion, and 9,797 funds under administration.

About Aras

Aras is a leading provider of Product Lifecycle Management (PLM) and digital thread solutions for Engineering AI. Aras' technology is built on an AI-native, low-code development platform, delivering scalable, flexible, and open PLM solutions. Aras' platform and PLM applications connect users across all departments, divisions, and functions to critical product data and agent-based AI throughout the entire product lifecycle and supply chain. For more information about Aras, visit our official website. You can also find the latest information about Aras on social media.

Key Customers: Kawasaki Heavy Industries, Kubota, Denso, Nissan Motor, Fujifilm, Mitsubishi Heavy Industries, Murata Manufacturing, Renesas Electronics, Airbus, Audi, Microsoft, etc.

Website: https://www.aras.com/ja-jp

Social Media: X: https://twitter.com/ArasJapan

YouTube: https://www.youtube.com/user/arasplm

Facebook: https://www.facebook.com/ArasJapan/

LinkedIn: https://www.linkedin.com/company/aras-japan

© 2026 Aras and its affiliates. All rights reserved. Aras and Aras Innovator are registered trademarks of Aras Corporation in the United States and/or other countries. Third-party trademarks mentioned belong to their respective owners.