BNY Mellon enables digital proxy voting for UK clients
Partnership with Proxymity will provide clients with access to golden source data and real-time communications.
Partnership with Proxymity will provide clients with access to golden source data and real-time communications.
Mark McKeon, global head of middle-office solutions at BNY Mellon, details the reasons behind the growing demand for middle-office outsourcing, and the important role of data within a servicer’s offering.
Investment manager formerly deployed a two-service provider model with BBH, but will now convert 100% of its remaining book to BNY Mellon.
Incoming hire brings significant experience to the role, with a 20-year career business and strategy development and digital innovation.
Incoming hire spent over two decades at JP Morgan, most recently serving as head of international sales for securities services.
New offering will give clients opportunities to reduce costs as well as improved operational and strategic efficiencies.
New hire brings a wealth of experience to the role, with the likes of BNY Mellon, JP Morgan and BNP Paribas on his CV.
The custodian’s AUC/A fell 2% from last quarter, citing lower market values and the “unfavourable impact of a stronger US dollar”.
New appointment worked for over 20 years at Microsoft across a number of roles, most recently as vice president, financial services, US.
Outgoing data lead was responsible for launching and scaling up a new business unit combining B2B cloud software products and services.