Romain Lemallier, former tri-party collateral management business developer at BNP Paribas Securities Services, has been appointed to BNY Mellon as Paris-based relationship manager for clearance and collateral management
The Paris-based banking group indicates that this investment will help it to bring the latest technology, data and workflow tools to clients in an effort to shorten settlement cycle, manage collateral requirements and reduce transaction costs
Software firm Securrency has named Nadine Chakar as CEO, effective from 9 January. She replaces Securrency founder Dan Doney, who will now serve as chief technology officer
Celebrating its five-year anniversary, 100 guests — including active members of the group and supportive allies — gathered on the NYSE floor to watch as WISF leaders rang the closing bell to signal the end of the trading day
Collaboration will provide access to Baton System’s global CCP network alongside BNY Mellon’s Enterprise Continuous Portfolio Optimisation service to improve collateral velocity and reduce funding costs
This service aims to enhance the liquidity of a basket of sovereign eurobonds, with issuers including Angola, Egypt and Kenya, and to encourage investments related to the UN’s Sustainable Development Goals in Africa