BNY Mellon and Google to work on eliminating settlement fails in US Treasury market
BNY Mellon predicts its new initiative will help traders predict approximately 40% of settlement failures in Fed-eligible securities.
BNY Mellon predicts its new initiative will help traders predict approximately 40% of settlement failures in Fed-eligible securities.
Over the past year, Deutsche Bank has accelerated its adoption of new and disruptive technologies for its securities services division.
A survey of fund managers and administrators has found that over half believe a new game-changing disruptor such as Amazon or Google will enter the market in the next two years.