BNY Mellon has upgraded its AccessEdge collateral management portal to allow global clients to more easily view their collateralized status in real-time via an interactive dashboard.
The dashboard displays a client’s aggregate collateral exposure, including the number of unmatched, mismatched or instructions currently open. Users can also view the details of collateral positions and substituted cash collateral, as well as margin excesses and deficits.
AccessEdge connects dealers with investors, enabling real-time collateral transfers for repo, securities lending, OTC, central counterparty (CCP) and other collateralized transactions.
James Malgieri, executive vice president for Global Collateral Services at BNY Mellon, says the enhancements make viewing collateral positions simpler and clearer by increasing transparency and helping to optimize the use of the collateral and assets at their disposal.
We have proven global capabilities when it comes to servicing our clients’ collateral management needs and we continue to innovate and invest in the technology to support those capabilities, Malgieri says. This latest evolution of AccessEdge demonstrates our commitment to supporting our clients as the regulatory environment continues to develop.”
(CG)