BNY introduces CollateralOne for buy side offering
26 November 2024 US
Image: Masque/stock.adobe.com
The Bank of New York Mellon Corporation (BNY) has integrated its LendingLite service with its new CollateralOne for buy side platform.
This new platform expands the triparty offering for the buy side by connecting clients to other aspects of BNY’s ecosystem, the firm says, helping clients centralise how they manage their collateral and financing activities, while providing the option of opportunistic specials-only lending.
Adam Vos, global head of markets at BNY, comments: “In today’s complex investment landscape, our clients are looking for comprehensive solutions that simplify securities lending, financing, and collateral management.
“With this integration, our buy side clients can leverage the benefits of engaging in securities lending within a single ecosystem.”
CollateralOne for buy side is a new integrated platform supported by BNY’s optimisation capabilities, providing clients with a complete view of all their BNY assets, liabilities and opportunities in one place.
By connecting its LendingLite service with the CollateralOne for buy side platform, BNY aims to allow clients to identify those specials, and help generate incremental revenue from lending, without committing to a full-scale securities lending programme.
Laide Majiyagbe, head of financing and liquidity at BNY, adds: “CollateralOne for buy side is yet another example of BNY’s commitment to developing innovative solutions that support our clients through every stage of the investment lifecycle.”
This new platform expands the triparty offering for the buy side by connecting clients to other aspects of BNY’s ecosystem, the firm says, helping clients centralise how they manage their collateral and financing activities, while providing the option of opportunistic specials-only lending.
Adam Vos, global head of markets at BNY, comments: “In today’s complex investment landscape, our clients are looking for comprehensive solutions that simplify securities lending, financing, and collateral management.
“With this integration, our buy side clients can leverage the benefits of engaging in securities lending within a single ecosystem.”
CollateralOne for buy side is a new integrated platform supported by BNY’s optimisation capabilities, providing clients with a complete view of all their BNY assets, liabilities and opportunities in one place.
By connecting its LendingLite service with the CollateralOne for buy side platform, BNY aims to allow clients to identify those specials, and help generate incremental revenue from lending, without committing to a full-scale securities lending programme.
Laide Majiyagbe, head of financing and liquidity at BNY, adds: “CollateralOne for buy side is yet another example of BNY’s commitment to developing innovative solutions that support our clients through every stage of the investment lifecycle.”
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