The foreign exchange trading programme will add new trading capabilities, pivoting from a custody-focused service model to leverage a variety of client types for their rules-based, end-to-end transaction needs
Collaboration aims to deliver smarter collateral decisions through algo-based portfolio optimisation tools, making collateral mobilisation more efficient across products and locations
Brown will cultivate and deepen relations with existing clients and develop new relationships in the collateral, legal and margin domains across derivatives, repo and securities lending
Initial trades on FICC’s sponsored GC service executed by Federated Hermes, BNY Mellon and J.P. Morgan Securities, enabling centrally cleared repo transactions to settle on BNY Mellon's tri-party platform
A PASLA webinar discussed the future of onshore development and complexities facing asset owners, with speakers Joseph Tan, chief representative at Euroclear, Greig Ramsay, BNY Mellon product manager and Bhavna Haswani J.P. Morgan product manager.