Swift has developed a proof of concept for a central utility for routing and validating electronic bank account management (eBAM) messages, a new non-financial standard from the cooperative that was released to market in April.
BNY Mellon Asset Servicing, the global leader in asset servicing, has announced a new mandate to provide back-office services for ARGA Investment Management, LP, a Stamford, Conn.-based independent investment management firm focused on global equities. BNY Mellon will provide ARGA with a range of outsourcing services, including trade support, accounting, reconciliations, performance measurement, client statements and client billing.
Bank of New York Mellon is setting up an online marketplace for hard-to-value European asset-backed securities, according to Bloomberg.
BNY Mellon Corporate Trust has introduced an eVault service that will allow it to receive, process and store electronic mortgage documents on behalf of its clients, significantly improving all stages in the life-cycle of a loan.
Fitch Solutions is pleased to announce the appointment of Neil Smith as the Managing Director for its Research Services group.
Companies failing to use social media to reach their customers and employees do so at their own peril, according to a study from Yankee Group for Siemens Enterprise Communications.
BNY Mellon, the global leader in asset management and securities servicing, and The International Derivatives Clearing Group, LLC (IDCG) announced today that BNY Mellon Clearing, LLC will become a clearing member of the International Derivatives Clearinghouse LLC (IDCH), a derivatives clearing organization regulated by the U.S. Commodity Futures Trading Commission (CFTC).
A computer technician has pleaded guilty to stealing the personal information of 2000 former colleagues at the Bank of New York Mellon and using it to pilfer over $1.1 million from charities, non-profit groups and other institutions.
BNY Mellon, the global leader in asset management and securities servicing, today announced the launch of a new version of iDeal Forex(SM), BNY Mellon's Web-based application for cross-border FX payments.
BNY Mellon is creating a new company to clear futures and derivatives trades on behalf of its institutional clients.
© Finextra Research 2013