The Bank of New York Mellon has introduced Derivatives360, an integrated investment servicing lifecycle solution to help clients efficiently execute and manage derivatives transactions.
Derivatives360's modular design lets clients to select some or all of the components offered by the platform, allowing them to focus resources and management time on their core activities.
It offers a broad range of services for issuers and investors around the execution and processing of derivatives including: trading and execution; middle and back office outsourcing; collateral management; accounting and recordkeeping; reporting; and performance and risk analytics.
Derivatives360 also encompasses outsourced services such as OTC trade affirmation and confirmation, trade settlement, third-party valuation and counterparty and investment manager reconciliation.
Tim Keaney, chairman of Europe and head of global client management at The Bank of New York Mellon and co-chief executive of BNY Mellon Asset Servicing, says: "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."