BNY Mellon streamlines the hunt for liquidity with LiquidityDirect updates
The bank spent the last three years evolving and expanding LiquidityDirect to include additional asset classes, and will white label the platform to customers.
For a bank that’s over 200 years old, solving current problems is the key to longevity, and innovation is vital for BNY Mellon. For the last three years, adaption and innovation have been at the heart of the work being done in investment solutions and on the LiquidityDirect platform.
Initially established in 1997, the liquidity services platform targeted money markets and cash deposits. Sam Jacob, head of global liquidity products and strategy at BNY Mellon, says that over the last three years
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