BNY Mellon has launched MarginConnect, a margin messaging capability that gives greater control to buyside managers over the collateralisation of non-cleared derivatives. The service provides a direct connection to AcadiaSoft, BNY Mellon’s collateral management solutions partner. With this link, clients are able to generate collateral instructions within the AcadiaSoft ecosystem without having to separately create and deliver SWIFT messages or log into their BNY Mellon triparty or third-party collateral account.
