Within BNP Paribas Securities Services lies our award winning Debt Solution business which belongs to the securities services segment of the BNP Paribas Group. Debt Solutions is a specialist provider of flexible and innovative administration and trust solutions for both conventional & structured debt capital markets activity.
We have particular strengths and credentials in the securitisation and asset backed securities business, working with many of the key originators and intermediaries in this area. Our expertise spans many structure types, asset classes, and jurisdictions which importantly includes Germany where we have successfully worked with many of the industry's main issuers and asset originators.
With direct connectivity in all time zones across 26 countries, our unrivalled local market knowledge and multi-jurisdictional capabilities ensure the success of our clients' multi-market deals. Our roots in the German market date back to 1988, where we now employ 300 specialists. Over the years we have honed our expertise to become a serious local contender delivering award-winning solutions.
BNP Paribas Securities Services is one of the world's leading providers of transaction services and post-trade solutions to issuers, buy-side and sell-side institutions worldwide. We have particular expertise in loan administration across all sectors in Europe and the USA.We provide the global scale and local connectivity needed to create long-term client partnerships and solutions to overcome market complexity.
As a wholly-owned subsidiary of the BNP Paribas Group, we deliver independent flexibility and commitment, backed by the strength of a leading universal bank. With Euro 10.1 trillion assets under custody, Euro 2.4 trillion assets under administration and over 10,000 funds administered (as per 30 June 2020), and over USD 1 trillion in outstanding debt administered, we are one of Europe's leading securities services providers.
The group is present in 71 countries, with about 200,000 employees, including 152,000 in Europe. It holds key positions in investment solutions, corporate and investment banking, and retail banking. Active throughout Europe in all of its business lines, the group also has a significant presence in the United States and strong positions in Asia and emerging markets.