BNY and BlackRock collaborate on front-to-back mandate with AIA
Hong-Kong headquartered insurance giant AIA will implement BlackRock’s Aladdin alongside BNY’s investment operations and data management solutions.
Tag: BNY Mellon
Buy-Side
Inside the FX cut-off conundrum sparking animosity between the buy-side, CLS and custodians as T+1 looms
Finger of blame is being pointed in each direction between custodians, non-US traders and settlement system CLS over FX cut-offs, with last minute decisions and confusion meaning some asset managers are now left facing operational challenges, pre-funding trades and balancing settlement security with best execution obligations.
BNY Mellon’s Rebecca Crowe talks outsourced trading
The TRADE sits down with Rebecca Crowe, managing director and chief operating officer at BNY Mellon Markets, to analyse how firms are approaching the ongoing outsourcing discussion, including how structural decisions are being made and how future moves in the space could manifest.
BNY Mellon combines market offerings through Global Markets Trading integration
The integrated service will improve client experience, increase optionality, and execution choice as well as offering clients improved access to BNY Mellon’s global markets and execution enterprise, the firm said.
AccessFintech and BNY Mellon collaborate to tackle expected FX workflow challenges linked to T+1
The two firms aim to provide clarity on the ‘predicted to settle’ status of securities trades, helping enable the necessary liquidity for international clients trading US securities.
BNY Mellon to enable buy-side to direct repo trades at point of execution
Tie-up with GLMX comes off the back of growing demand from clients seeking to expand their BNY Mellon triparty usage beyond uncleared margin into repo financing.
Goldman Sachs AM set to leverage BNY Mellon’s buy-side trading solution
Specifically, the agreement concerns global trade execution services in EMEA, the US and APAC markets across fixed income, FX, derivatives and ETFs.
People Moves Monday: BNY Mellon, BlackRock, Tourmaline Partners and more…
The past week saw appointments across fixed income and equities, as well as the C-suite.
BNY Mellon names new head of fixed income and equities EMEA and head of US fixed income
Former co-head of equities electronic sales and trading at RBC Capital Markets takes on EMEA role, while ex-CIBC fixed income specialist also joins growing team.
BNY Mellon unveils direct-to-custody trading platform
Launching this week, the platform will provide clients with a real-time view of cash balances and positions.