Global View

Reprinted with the permission of Euromoney Institutional Investor PLC

In a recent interview with Global Investor, Nadine Chakar, global head of BNY Mellon's Derivatives360 business, explained how the business -- which spans the entire life of a derivatives transaction -- is developing and offered her reaction to regulatory reform.

Author:   Nadine Chakar
Business:  Broker-Dealer Services
Publication date:   October 2012

Mitigating Collateral Damage: Current Themes in Managing and Mitigating Counterparty Credit Risk for OTC Derivatives (UK English)

The financial crisis re-emphasised the importance of counterparty credit risk, and the subsequent industry-led program of reform has addressed many of the shortcomings of the OTC market. BNY Mellon and independent consulting firm InteDelta investigated current counterparty credit risk management policies and processes across a representative sample of asset management, insurance and pension fund institutions. Findings from this research reveal an evolving OTC derivatives market that is wary of risk, open to change, and surprisingly robust.

Authors:   Jonathan Bowler, Mark Higgins, Stephen Ingle, David Brown, Michael Schroeder, Chris Coleman, Patrick Tadie, John Templeton
In collaboration with:   InteDelta
Business:  Broker-Dealer Services
Publication date:   January 2011

Mitigating Collateral Damage: Current Themes in Managing and Mitigating Counterparty Credit Risk for OTC Derivatives

The financial crisis re-emphasized the importance of counterparty credit risk, and the subsequent industry-led program of reform has addressed many of the shortcomings of the OTC market. BNY Mellon and independent consulting firm InteDelta investigated current counterparty credit risk management policies and processes across a representative sample of asset management, insurance and pension fund institutions. Findings from this research reveal an evolving OTC derivatives market that is wary of risk, open to change, and surprisingly robust.

Authors:   Jonathan Bowler, Mark Higgins, Stephen Ingle, David Brown, Michael Schroeder, Chris Coleman, Patrick Tadie, John Templeton
In collaboration with:   InteDelta
Business:  Broker-Dealer Services
Publication date:   January 2011

Regulatory Reform: The Shape of Things To Come

Reprinted with the permission of Incisive Media Services Limited

Transparency, reporting and ongoing regulatory reform are key issues in the derivatives marketplace. While many are aware of the Dodd-Frank Act, the full impact of the law remains unclear. Patrick Tadie, Global Head of Derivatives360, discusses the major challenges facing financial institutions in this new regulatory environment and outlines ways to prepare for these challenges.

Author:   Patrick Tadie
Business:  Broker-Dealer Services
Publication date:   February 2011

BNY Mellon Preps Enhanced Tri-Party Repo Auto Matching

Reprinted with the permission of Wall Street Letter

As part of ongoing efforts to implement a series of recommendations made last year by the Tri-Party Infrastructure Reform Task Force, BNY Mellon has rolled out an enhanced version of its automated deal matching capability for tri-party repurchase agreement transactions. Learn more about the process.

Authors:   John Vinci, John Morik
Business:   Broker-Dealer Services
Publication date:   June 2011

Global Custodian: Hedge Funds and Prime Brokers - Converging?

The rescue of Bear Stearns and the collapse of Lehman Brothers have made institutional investors in hedge fund strategies rethink counterparty risk. Highlights from a conversation with Art Certosimo, Senior Executive Vice President, BNY Mellon.

Author:   Art Certosimo
Business:   Broker-Dealer Services
Publication date:   April 2009

Tri-Party Roundtable: The Time is Now

Leading representatives of the tri-party industry discuss the status of the market at the Global Investor / isf Tri-Party Roundtable.

Author:   Mark Higgins
Business:   Broker-Dealer Services
Publication date:   June 2010

Twenty Years of Legends

Profiles of the men and women who made the security services industry what it is today.

Author:   Arthur Certosimo
Business:   Broker-Dealer Services
Publication date:   September 2009

Top Operations Executives on Wall Street

Reprinted with the permission of SourceMedia, Inc.

Jim Malgieri manages BNY Mellon's Broker-Dealer Services business, which delivers collateral management and securities clearance services to financial institutions and corporations worldwide. Jim's key focus - eliminating operational risks in the handling of repurchase agreements. Read more.

Author:   Jim Malgieri
Business:   Broker-Dealer Services
Publication date:   April 2011

Evolution in the Collateral Management Space

Reprinted with the permission of Asset International, Inc.

John Vinci, head of Global Product Management for BNY Mellon Broker-Dealer Services, discusses innovative solutions in collateral financing that have evolved in response to the changing trends and needs of the global financial marketplace.

Author:   John Vinci
Business:  Broker-Dealer Services
Publication date:   April 2012