Services - BFF Banking Group

Factoring & Lending

BFF Banking Group is the leading name in Europe for the management and non-recourse factoring of trade receivables due from public-sector bodies and national healthcare systems. The Group operates in Croatia, the Czech Republic, France, Greece, Italy, Poland, Portugal, Slovakia and Spain.

BFF manages operational complexities while facilitating cost reduction and risk containment for its clients. It does so through:

Efficient management of the complexities inherent in the operations of companies that supply products and services to a wide array of public-sector bodies.

Optimization of liquidity and management of working capital.

Planning and maintenance of a target DSO, regardless of the actual payment times of public-sector debtors.

Improvement of balance-sheet ratios by means of outright deconsolidation of exposure to public-sector bodies.

Reduction in operating costs by means of revolving agreements for non-recourse assignment and a customizable service for the management of receivables.

Direct financing of public-sector bodies in Central and Eastern Europe, with vendor finance and loan solutions for medium- to long-term investments.

Multi-country operations to support multi-national companies, with efficient risk management, limiting exposure to public-sector debtors in a full nine European countries.

We offer the following services:

Italy

Croatia

Czech Republic

France

Greece

Poland

Portugal

Slovakia

Spain

Transaction Services

In Italy, BFF Banking Group is leader in the sectors of corporate payments and securities services.

Payments

Payment Services

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We serve Banks, EMIs, Payment Institutions, Public Administrations entities and corporate clients, offering:

Payment settlement for PSPs

• SEPA & Instant settlement

• Domestic settlement

• International Cards settlement

• Web/ATM top-ups

• Cashier’s cheques

• Receivables

• Bank cheques and Cash Letters

• Cross-Border settlement

• T2 settlement

Collection and payments for Corporate and PA clients

• Collection and payments

• National social-security institute (INPS) pensions

• Treasury services for the public sector

• Telepass service

• PagoPa Agid service

Instant Payments

• Prefunding management and payments settlement in the correspondent account infrastructure

• Pan-European interoperability due to EBA RT1 and TIPS settlements

• Prompt activation thanks to integration agreements with main Service Centers & Software Houses

• Level playing field towards main players at a competitive price

• A flexible offer compliant with the new regulatory frameworks

Web Consoles and LIBI Evolution

• A set of web consoles, supporting the intermediation services, user friendly and turnkey, no IT development is required

• LIBI Evolution, a modern platform to monitor, in the near real-time, that offers:

• The management of liquidity of the correspondent account, of the MCA account (for co-managed banks) and of the other accounts held at BFF, depending on activated services
• The consultation (inquiry mode) is available H24
• A customizable and flexible layout, according to customers’ needs

Guarantee Fund for SMEs

As Principal Bank of the RTI Manager of the SME Guarantee Fund, we carry out activities of:

• regulatory and operational assistance to applicants for assistance from the Fund (banks, trusts and other financial intermediaries), through the activation of support services and training on the use of IT platforms;

• organisation of events for information purposes for the benefit of the Fund;

• promotion of the service with the aim of constant improvement, through the proposals of the RTI Steering Committee;

• assistance to guarantee beneficiaries.

The Guarantee Fund for SMEs, established by Law n. 662/96, is a credit risk mitigation tool, operating at the Ministry of Enterprises and Made in Italy (MIMIT), in support of SMEs. The Fund shall support the development of SMEs and professionals by recognising a public guarantee against funding provided by banks and other financial intermediaries.
Within the framework of the RTI agreement, as BFF, we make available to all Fund entities - local companies and intermediaries (banks, trusts, associations) - a team of specialists dedicated to the activities of assistance, training and promotion of the facility.

Contacts:

	Telephone	Mobile
Davide Politano	+39 02 7705.3178	+39 348.279.0165
Simonetta de Nicolais	+39 02 7705.3138	+39 345.640.5359
Marzia Ferri	+39 02 7705.3193	+39 345.589.4945
Massimiliano Galli	+39 02 7705.3814	+39 335.777.0022

For any clarification you can write to [email protected]
Further information on regulatory references, operating methods, documentation and forms of the Fund are available on the website of the Guarantee Fund (www.fondidigaranzia.it).

Securities Services

Fund Services

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We offer our customers the following services:

FIA Funds And Asset management

• Periodic NAV check

• Investment restrictions inspection

• Monitoring of FIA attendees’ deals/transactions

• Liquidity monitoring and custody

• Supervisory reporting management

• Check of other assets ownership

• Check of legal and regulatory compliance

• Client reporting

Pension Funds and Social Security and Welfare Institutions

• Liquidity management

• Payments management

• Reconciliations on a daily basis

• Daily Soft NAV calculation

• Restrictions control

• Portfolio, transactions, and performance risk analysis

• Reserved account

• Integrated tax system service

Healthcare Funds and Bilateral Institutions

• Liquidity management and remuneration

• Embedding of front and back-office processes

• Custody

• Clearance of payment arrangements

• Strengthened checks with call-back confirmation

Added Value Fund Services

• Check IBAN service (verification of IBAN correctness; counterparty ownership; existence of the bank account)

• ESG reporting

• Support and financing solutions

• Monitoring and reporting tools

• Tailored services

• OICR Look Through

Banks, Mutual Funds, Pensions Fund, Brokers and Dealers (SIM), Corporate clients, Foundations, Family Offices

• Custody of securities
• Administration of financial instruments
• Clearing & Settlement of trades
• Corporate actions
• Management of cash accounts and securities files
• General Member on Euronext Clearing & CBOE
• Tax service
• Reporting
• Paying Agent & Account Bank
• Outsourcing of EMIR & SFTR Alerts
• Collateral Management
• Monetary policy & ECMS
• CSDR/ Post Trading Outsourcing

Last update: 1 June 2024