Pershing LLC, a BNY Mellon company, has expanded its SWIFT messaging capabilities for its introducing broker-dealer customers.
The expanded SWIFT messaging offering now enables financial services organizations to communicate a broader array of U.S. and non-U.S. dollar-related activities such as order management, position and balance information and corporate actions.
Frank La Salla, managing director of the global securities services group at Pershing said, “SWIFT messaging has been, and continues to be, an important vehicle for our customers throughout Europe and Asia to communicate with our platform. This expanded offering will help our customers enhance their operational efficiency and underscores our steadfast commitment to provide our global customers with the tools and technology solutions they need to better serve their investors and grow their businesses.”