Tag: BNY Mellon

The banking trio has surpassed the €1 billion milestone for the collateral management industry utilising HQLAX’s distributed ledger technology (DLT) platform. 

The SaaS-based platform provides support for cross-asset margin, collateral, and inventory management and optimisation across the front-to-back spectrum.

This marks the first roll-out of BNY Mellon’ cloud native data platform in the UAE. 

Former BBH and Clearstream executive departs for new role at Cecabank.  

As the second annual Leaders in Custody Asia awards draw near on 9 May, Global Custodian delves into the nominees for the Asset Servicing Partnership of the Year category – featuring BNY Mellon partnering with HKMA, DBS Bank collaborating with Euroclear, Deutsche Bank and CIMB, and a tie-up between Digital Asset and HKEX. 

The cloud-based platform will be designed to simplify the UK pension scheme’s data architecture and improve resiliency.  

The seasoned executive, with a background spanning JP Morgan, Apex Group, Citco, and Ernst & Young, will oversee the alternatives offering within the bank's fund services business. 

The news marks another high-profile departure from BNY Mellon’s digital asset team, following Maxime de Guillebon in the past month. 

US-based issuers will be able to issue bonds via the CMU platform to access both markets through the Southbound Bond Connect channel.

The new hire with C-level experience will be responsible for overlooking the custodian’s software and data management business, having nearly $47 trillion of data assets on the platform.