The Bank of New York Mellon Expands Derivatives Collateral Management Service

The Bank of New York Mellon has expanded its derivatives collateral management service, DM EdgeSM, beyond derivatives to cover a range of margin-related activities, including repo and securities lending.

The company says that the new services, which will be marketed under the brand name RM EdgeSM, allow a wide range of clients who trade bilaterally to outsource margin management to the company, which will handle a variety of complex operational and administrative activities, such as monitoring margin parameters and calculating margin status, helping clients to reuse and reinvest their collateral pools.


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