04 July 2015

BNY Mellon upgrades AccessEdge collateral management portal

12 September 2012  |  1160 views  |  0 Source: BNY Mellon

BNY Mellon, the global leader in investment management and investment services, has launched an upgrade to its AccessEdge collateral management portal, providing broker-dealers and institutional investors with improved online access to the status of their transactions.

BNY Mellon's AccessEdge portal connects dealers with investors, enabling real-time collateral transfers in a secure and efficient environment with respect to repo, securities lending, OTC, central counterparty (CCP) and other collateralised transactions.

The latest in an ongoing series of planned enhancements, the new upgrade means BNY Mellon's global clients can now more easily view their collateralised status in real-time via an interactive dashboard. The dashboard displays a client's aggregate collateral exposure, including the number of unmatched, mismatched or instructions currently open.

Users can also view the details of collateral positions and substituted cash collateral, as well as margin excesses and deficits.

James Malgieri, Executive Vice President, Global Collateral Services at BNY Mellon, said: "The enhancements to our AccessEdge portal make viewing collateral positions simpler and clearer, increasing transparency for our clients and helping them to make optimal use of the collateral and assets at their disposal. We have proven global capabilities when it comes to servicing our clients' collateral management needs and we continue to innovate and invest in the technology to support those capabilities. This latest evolution of AccessEdge demonstrates our commitment to supporting our clients as the regulatory environment continues to develop."

BNY Mellon is the world's largest global custodian with $27.1 trillion in assets under custody and administration and manages over $1.8 trillion in collateral transactions every day. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
Barclays takes on Apple with wearable paym...
8989 views comments | 39 tweets | 35 linkedin
Singapore pledges S$225m to fintech
8162 views comments | 31 tweets | 23 linkedin
US banks pump $16.6bn into digital transfo...
7112 views comments | 35 tweets | 24 linkedin
Greeks flock to Bitcoin
6058 views comments | 30 tweets | 18 linkedin
UK payments regulator calls for 'pipes and...
5659 views comments | 27 tweets | 20 linkedin

Featured job

to c.£70K base, bonus, benefits
London, UK (City)

Find your next job