The Bank of New York Mellon, a global financial services company, has introduced Derivatives360, an integrated investment servicing lifecycle solution to help clients execute and manage derivatives transactions.
The bank claims that the Derivatives360’s flexible modular design allows clients to select some or all of the components offered by the new platform, to focus resources and management time on their core activities.
It offers an array of services for issuers and investors around the execution and processing of derivatives, such as trading and execution; middle- and back-office outsourcing, collateral management, accounting and recordkeeping, reporting, performance and risk analytics.
Tim Keaney, Chairman of Europe and Head of Global Client Management at The Bank of New York Mellon and co-CEO of BNY Mellon Asset Servicing, said: “Derivatives360 leverages The Bank of New York Mellon’s existing expertise, sophistication and experience around derivatives processing and settlement to provide end-to-end support and transparency, before, during and after a trade. As such it reinforces our long-standing commitment to providing our clients with simple solutions for complex problems.”
