BNY Mellon goes live with buy-side collateral messaging service
The new service enables investment managers to retain control over the collateralisation of their non-cleared derivatives activities.
The new service enables investment managers to retain control over the collateralisation of their non-cleared derivatives activities.
Former State Street APAC COO and FinTech founder joins BNY Mellon to lead its asset servicing and digital agenda in the region.
BNY Mellon's Todd Gibbons explained investment into new data and analytics products will help expand new revenue streams.
The renewal continues a 14-year relationship between the two firms, after AP7 carried out a detailed procurement process that started in March last year.
Our editors summarise the biggest talking points for securities services providers from this year’s Sibos digital event.
State Street has devoted significant investment into boosting its asset owner servicing capabilities through a number of senior appointments and partnerships.
NCB Capital’s institutional and large asset owners based in Saudi Arabia will have access to BNY Mellon’s global custody, asset servicing, data and technology capabilities.
BNY Mellon has spent the past year reshaping its US asset servicing business by hiring some of the industry’s biggest names to boost sales and growth.
Global Custodian understands a successor to lead the APAC business will be announced in due course.
State Street has aimed to offer new products and services to help combat consistent falls in revenues for its securities finance business.