Through our approach, you retain all investment management discretion, while outsourcing administration and FX operational functions to BNY Mellon.
Our currency administration solution provides you with the opportunity to re-deploy valuable resources so you can focus on your primary mission along with the potential to reduce operational risk and exposure. We offer:
A passive service
A disciplined approach to calculating and executing currency hedging strategies
Predefined hedging and pricing parameters
A service that is supported with proprietary software and a global operating model
Alternatives to Support Your Requirements
BNY Mellon provides alternatives to support your FX execution requirements, such as:
A direct interface with trade order management system
Execution of FX transactions against a pre-determined benchmark
Currency Administration with BNY Mellon
Currency hedging strategies help funds to mitigate currency volatility risk. Fund investors are becoming increasingly aware of this risk and are asking more questions about a fund’s currency hedging program. In addition, the execution, timing and capabilities around a currency hedging program can have a significant impact on the end investor’s implicit costs.