Category: BNY Mellon

BNY Mellon has chosen Amundi Technology and its ALTO* platform to deliver trustee controls and compliance monitoring for depositary and fund administration functions. The solution will be deployed across BNY Mellon global operations. ALTO* Investment Compliance is a component of the ALTO* Asset Servicing, part of Amundi’s ALTO* (Amundi Leading Technology and Operations) portfolio management…

Fireblocks, the U.S.-based crypto services provider in which BNY Mellon has a stake, has raised USD550m in Series E funding. This brings its valuation to USD8bn, making Fireblocks the highest-valued digital asset infrastructure provider in the world. This follows the recent USD350m fundraising round by Anchorage Digital, the U.S.-based crypto custody platform, valuing the business…

Clearwater Analytics, a U.S.-based provider of SaaS-based investment accounting, reporting, and analytics solutions, has hired Diane McLoughlin as head of global delivery. In this capacity, she will set the strategic direction of the company’s global delivery function and lead the team responsible for the onboarding of clients to the Clearwater solution in North America and…

National Pension Service of Korea (NPS), thought to be the world’s third largest pension fund, has expanded its agreement with BNY Mellon to include middle office, accounting and risk solutions, delivered through BNY Mellon’s OMNI platform. NPS appointed BNY Mellon in 2018 as its global custodian for its fixed income portfolios, which were recently onboarded.…

Nigel Colgan has returned to the UK after a two-year spell with First Abu Dhabi Bank in Abu Dhabi. Colgan rejoins BNY Mellon, where he has spent the majority of his career, as group manager, programme & project management. The role has responsibility for the governance, oversight, execution and implementation of critical or strategic regulatory…

Deutsche Bank has appointed Mathew Kathayanat (widely known as Mat Kat) as APAC head of securities services product management. He will be based in Singapore. He was most recently head of product & strategy, APAC at BNY Mellon Asset Servicing, and has previously held a variety of roles with Citi in EMEA and APAC.

BNY Mellon and SNB Capital, Saudi Arabia’s largest custodian, are working on a data management solution to support a robust, market-leading and inclusive capital markets ecosystem. Following the 2020 formation of a global custody alliance to deliver securities services capabilities, SNB Capital will deploy BNY Mellon’s data platform within its IT infrastructure in Saudi Arabia.…