BNY Mellon launches new white labelling solution for its LiquidityDirect platform
Morgan Stanley Investment Management will be the first to adopt the new offering, delivering efficient cash management solutions to clients.
Morgan Stanley Investment Management will be the first to adopt the new offering, delivering efficient cash management solutions to clients.
The past week saw appointments across foreign exchange, rates algo trading, markets and execution services.
Individual has previously worked across Europe, North America and Asia and held senior positions at Standard Chartered Bank and Deutsche Bank.
As of last month, Eurex reported record volumes in its cleared repo markets, doubling across all markets year on year.
Incoming appointment joins from BNY Mellon, where he served as an equity trader; previously held positions at State Street Global Markets, Northern Trust, Financial Times and Deloitte.
Major service providers including BNY Mellon, State Street, UBS and Northern Trust have all expanded their outsourced trading capabilities to meeting growing demand from buy-side organisations.
New offering will give clients opportunities to reduce costs as well as improved operational and strategic efficiencies.
New director brings considerable experience to Baton Systems, having previously served at FIS Global, BNY Mellon and BlackRock.
Latest funding round brings the total capital raised by the fintech to $97 million since 2018.
Following a $200 million Series C funding round earlier this year, the new investment will allow the app developer to expand its operations as interest in its platform continues to grow.