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

Sovereigns in Search of Solutions: OTC Derivatives Reform: Direct and Indirect Impacts

With the imminent introduction of specific requirements under the Dodd-Frank Act and the European Market Infrastructure Regulation (EMIR), investors continue to grapple with the potential impact of such regulations, especially as some of the rules have yet to take their final form. For sovereign institutions, the evolving regulatory framework holds much uncertainty. Inconsistencies in the application of some key provisions, including the classification of sovereigns and the extent of exemptions to the Basel III capital adequacy rules, must be addressed to avoid market distortions and regulatory arbitrage. One thing, however, is clear: the derivatives business for all investors will change in a very significant way. Specifically, the trading of derivatives and the management of the collateral associated with such trades will be impacted.

Authors:   Jai Arya, Nadine Chakar
Business:  Broker-Dealer Services
Publication date:   June 2012

Panel Debate: Collateral Thinking

Reprinted with the permission of Black Knight Media Ltd.

A panel of collateral management experts, including BNY Mellon's James Malgieri, Head of Global Collateral Management and Clearance Services, dissect the business of collateral and examine why 'collateral optimisation' is on everyone's minds at the moment.

Author:   James Malgieri
Business:  Broker-Dealer Services
Publication date:   May 2012

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

In Conversation

Reprinted with the permission of Algorithmics, an IBM company

Scott Linden, Managing Director and Global Product Manager, Derivatives Collateral Management Services at BNY Mellon, shares his thoughts on Dodd-Frank, the march towards central clearing, and life at the world's largest custodian.

Author:   Scott Linden
Business:  Broker-Dealer Services
Publication date:   November 2011

A Critical Moment for Collateral Management

Reprinted with the permission of Black Knight Media Ltd.

As the financial crisis enters a new and uncertain phase, collateral management has taken on a new and profound significance. For an insider's view on the issue, Securities Lending Times turned to Paul Harland, Managing Director with BNY Mellon Broker-Dealer Services, who characterises the current environment as one of evolution, revolution and regulation.

Author:   Paul Harland
Business:  Broker-Dealer Services
Publication date:   September 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

Tri-Party Roundtable: Tri-Party Tribulations

Reprinted with the permission of Euromoney Institutional Investor PLC

An expert panel discusses the effect of impending regulations, diverging reporting requirements and innovating to meet clients' needs.

Author:   Adam Goddard
Business:  Broker-Dealer Services
Publication date:   June 2011

Collateral Management for German Funds: Innovative Solutions for Stock-Loan Transactions

Reprinted with the permission of Euromoney Institutional Investor PLC

As the German investment industry liberalises to the form of the international model, German institutional and retail funds are adopting innovative techniques to mitigate risks in capital markets around the world.

Authors:   Thomas Brand, Mark Higgins
Business:  Broker-Dealer Services
Publication date:   June 2011

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