BNY Mellon announces AccessEdge upgrade
14 September 2012 London
Image: Shutterstock
BNY Mellon has launched an upgrade to its collateral management portal, AccessEdge. The advancement will provide broker dealers and institutional investors with improved online access to the status of their transactions.
AccessEdge, BNY Mellon’s web-based collateral management portal connects dealers with investors to conduct collateral transactions in a secure environment with respect to repo, securities lending, OTC and other central counterparty.
The latest upgrade to AccessEdge provides BNY Mellon clients with an interactive dashboard, enabling them to more easily view their collaterised status in real-time. The dashboard displays a client’s aggregate collateral exposure, including the number of unmatched, mismatched or instructions currently open.
James Malgieri, executive vice president, global collateral services at BNY Mellon, said: “The enhancements to our AcessEdge portal make viewing collateral positions simpler and clearer, increasing transparency for our clients and helping them to make optimal use of collateral and assets at their disposal.”
“We have proven global capabilities when it comes to servicing our clients’ collateral management needs and we continue to innovate and invest in the technology to support those capabilities. This latest evolution AccessEdge demonstrates our commitment to supporting our clients as the regulatory environment continues to develop.”
AccessEdge, BNY Mellon’s web-based collateral management portal connects dealers with investors to conduct collateral transactions in a secure environment with respect to repo, securities lending, OTC and other central counterparty.
The latest upgrade to AccessEdge provides BNY Mellon clients with an interactive dashboard, enabling them to more easily view their collaterised status in real-time. The dashboard displays a client’s aggregate collateral exposure, including the number of unmatched, mismatched or instructions currently open.
James Malgieri, executive vice president, global collateral services at BNY Mellon, said: “The enhancements to our AcessEdge portal make viewing collateral positions simpler and clearer, increasing transparency for our clients and helping them to make optimal use of collateral and assets at their disposal.”
“We have proven global capabilities when it comes to servicing our clients’ collateral management needs and we continue to innovate and invest in the technology to support those capabilities. This latest evolution AccessEdge demonstrates our commitment to supporting our clients as the regulatory environment continues to develop.”
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