Valuelink Wins Back Bank of New York

OPERATIONS

One of the Bank of New York's UK businesses has decided to use ValueLink's validated pricing service again three years after dropping it for another vendor.

The business, which provides outsourced third-party administration services for investment fund clients, is using ValueLink for fund valuations.

BoNY gives lists of the securities held by the funds of BoNY's clients to ValueLink. ValueLink then sources prices for those securities both directly and from other data vendor feeds, and compar

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