BNY Mellon launches outsourced derivatives margin management service
BNY Mellon has launched a global outsourced derivatives margin management service for financial institutions, clearing members and central counterparties.
The Bank of New York Mellon, the global leader in asset management and securities servicing, has expanded DM Edge, the company's derivatives collateral management service, beyond derivatives to cover a wide range of margin-related activities, including repo and securities lending.