26 February 2009 Company Announcements

 

The Bank of New York Mellon expands DM Edge Derivatives CMS

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

DM Edge is designed to facilitate the administrative, processing, reinvestment and valuation activities for clients, that are associated with posting and receiving collateral in a tri-party structure for over-the-counter derivatives trades.