Wide-scale adoption of DLT and tokenisation expected from asset managers, finds BNY Mellon study
Survey shows that 84% and 72% of respondents plan to develop blockchain and asset tokenisation solutions respectively.
Survey shows that 84% and 72% of respondents plan to develop blockchain and asset tokenisation solutions respectively.
Former senior executive vice president at BNY Mellon has been promoted to the role after serving at the bank since July 2018.
Mandate extends BNY Mellon’s relationship with the Dutch-based investment firm as it continues to grow its European business.
BNY Mellon's CEO and chairman, Todd Gibbons, revealed the mandate win after the bank posted a jump of 21% in AUC/A.
The jump in AuC/A values reflected higher market values, net new business and the favourable impact of a weaker US dollar.
The firm will use BNY Mellon for ETF services and transfer agency upon the anticipated conversion of the $22 billion fund.
Acquisition of investment automation and NAV oversight calculation solutions provider will bolster BNY Mellon’s digital capabilities, the asset servicer said.
New COO for asset servicing and digital among a swathe of changes at BNY Mellon across multiple business lines.
BNY Mellon has hired the former head of trustee services for Hong Kong at BBH for a newly created role within the International Trustee and Depositary division.
The former head of BNY Mellon's alternatives investment servicing product will lead SS&C's client solutions for private equity and real assets funds.