BNY Mellon, a global leader in investment management and investment services, has been appointed by Clearstream and Euroclear (International Central Securities Depositaries or "ICSDs") to provide sub-depositary services in Asia Pacific ("APAC") allowing APAC issued global notes to be deposited locally in Hong Kong with BNY Mellon.
Banks must embrace fintech companies or risk being left behind as the payments landscape undergoes a radical technological overhaul, according to a new report from BNY Mellon.
BNY Mellon, a global leader in investment management and investment services, and KeyBank (KEY), today announced that BNY Mellon's Treasury Services business will provide private label trade processing services to KeyBank's Global Trade Group.
BNY Mellon, a global leader in investment management and investment services, has made the utilization of SWIFT's Know Your Customer (KYC) Registry an integral part of its enhanced client onboarding process.
Portware, the first and only global provider of multi-asset trade automation solutions powered by artificial intelligence, today announced that The Boston Company Asset Management LLC. (TBC), a subsidiary of Bank of New York Mellon Investment Management, has selected Portware Enterprise to support its global equities and FX trading.
An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.
New York state's banking regulator has reached an agreement with Goldman Sachs, Deutsche Bank, Credit Suisse and Bank of New York Mellon on the record-keeping requirements of a new chat and messaging platform.
BNY Mellon, a global leader in investment management and investment services, has passed an important milestone in the continuing development of its global payments infrastructure with the launch of enhanced foreign exchange payment capabilities.
SunGard has issued a public apology to custody bank BNY Mellon for the outage of its InvestOne accounting system used by the bank to price thousands of funds.
BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.
© Finextra Research 2017