BNY Mellon has extended its risk and collateral management-related services with the introduction of the Liquidity Aggregator, available through the company’s Liquidity DIRECT portal.
“As markets expand globally, the need to analyse and quantify your portfolio return and liquidity risk is paramount,” said Kurt Woetzel, chief executive officer (CEO) of BNY Mellon’s global collateral services (GCS) business. “The Liquidity Aggregator offers clients a deeper view of exposure and risk, which is essential to managing their investments.”
“Nearly all financial transactions and commitments have liquidity implications,” said Jonathan Spirgel, executive vice president (EVP) and head of GCS sales and relationship management at BNY Mellon. “To be highly effective, liquidity risk management requires insights, tools, products and services that support a client’s ability to both maximise liquidity and analyse investment exposure.”
The Liquidity Aggregator, a companion to the bank’s Liquidity DIRECT solution, was created to help clients gain a new level of insight into their investments, across all US and non-US domiciled funds in their portfolios.
The system is designed to help clients actively monitor and help to control liquidity risk exposures and manage funding needs, taking into account security types; country and region of exposure; country and region of risk; weighted average yields and maturities.
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