British Airways Pension Fund has selected BNY Mellon to provide collateral management services for a number of the Fund’s over-the-counter (OTC) derivative investments.
“The needs of global retirement systems have grown increasingly sophisticated given ongoing regulatory developments, the emergence of new, more complex financial instruments and today’s cross-border investment environment,” said Nadine Chakar, executive vice president and head of product and strategy for BNY Mellon’s Global Collateral Services business. “As an organisation, we’re focused on delivering services to work with clients at every stage of the investment lifecycle by trading, holding, managing, servicing and distributing their financial assets.”