Adam Vos, CEO of BNY Mellon Markets & Execution Services, said: Throughout market cycles, the global demand for liquidity remains paramount for all market participants. A critical component to meeting clients' needs is providing integrated access from a single source to an array of liquidity solutions. We have built—and now significantly enhanced—our LiquidityDirect platform to…
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Jennifer Barker, CEO of Treasury Services at BNY Mellon, said: End customers want greater choice in how they are paid, but with so many digital payment options emerging, businesses are struggling to stay up to date with, and connected to, the latest capabilities. Vaia does the heavy lifting to ensure that our clients' end customers…
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Barker brings nearly two decades of experience in treasury services in the US, as well as in Asia. Most recently she worked at JP Morgan, where she held a variety of roles across Commercial Banking and Payments. Before she joined BNY, she served as Head of Client Service and Implementation in the firm's Payments business.…
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Akash Shah, Chief Growth Officer of BNY Mellon, said: As capital markets shift towards a digital future, we are delighted to further our alliance with SNB Capital by providing a future-ready data analytics solution to help build the leading global capital markets infrastructure in the Kingdom and drive growth. Our collaboration combines the strengths of…
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The institutional unit of FXCM Group, FXCM Pro, announced its has teamed up with trading technology provider Tradesocio. The two companies collaborated to provide banks, brokers, asset managers and other buy-side institutions with a full fintech solution that combines Tradesocio’s digital investment and trading technology with FXCM Pro’s institutional liquidity and global scale. Tradesocio’s client base…
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The solution will utilize existing bots between the two banks for fast communication to help eliminate market frictions. It can also bring trade remediation closer to the time of execution. As a result, the benefits can also reduce price slippage for clients between the FX leg of a transaction and the equity or fixed-income security…
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The new offerings include: A cloud-based data and analytics platform Data Vault which supports the rapid onboarding of data to provide more flexibility and advance client innovation and discovery. Through combination of Data Vault with a scalable, machine-learning approach to data quality, users can more interact with data faster to gain actionable insights. The Distribution…
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The Australia and New Zealand Banking Group Limited (ANZ) announced the sale of UDC Finance, its asset finance business in New Zealand, for NZ$762 million to Shinsei Bank Limited. The sale is inline with ANZ’s strategy to simplify its business and follows a review of UDC Finance. The purchase price represents a price-to-book ratio of 1.2x…
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Darren Boulos, Head of FX Sales and Trading in Asia-Pacific at BNY Mellon said: We've spent the past four years fully integrating and accentuating our global FX capabilities, and this is just the next step in the bank's commitment to the region, specifically to Singapore as the hub of our Asia G10 FX trading. "With…
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Eagle Investment Systems LLC, a BNY Mellon company and provider of financial services technology, and ACA Compliance Group (ACA), a provider of risk management and technology solutions focused on regulatory compliance and performance, have announced that they have collaborated to help standardize and streamline Global Investment Performance Standards (GIPS®) verifications for clients. The GIPS standards,…
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