BNY introduces CollateralOne for buy-side offering with the integration of LendingLite℠

New York, November 25, 2024 -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has announced the integration of BNY's LendingLite^SM service with its new CollateralOne for buy-side platform.

This new platform expands the triparty offering for the buy-side by seamlessly connecting clients to other aspects of BNY's ecosystem, helping clients efficiently centralize how they manage their collateral and financing activities, while providing the option of opportunistic specials-only lending.

"In today's complex investment landscape, our clients are looking for comprehensive solutions that simplify securities lending, financing and collateral management," said Adam Vos, Global Head of Markets at BNY. "With this integration, our buy-side clients can leverage the benefits of engaging in securities lending within a single ecosystem, grounded in BNY's leadership in triparty collateral management."

CollateralOne for buy-side is a new integrated platform underpinned by BNY's optimization capabilities, providing clients with a holistic view of all their BNY assets, liabilities and opportunities in one place. Connecting BNY's LendingLite service with the CollateralOne for buy-side platform will allow clients to identify those specials and can help generate incremental revenue from lending, without committing to a full-scale securities lending program.

"As one of the world's largest collateral managers, BNY continues to enhance its offering to meet the evolving collateral and liquidity needs of clients," added Laide Majiyagbe, Head of Financing and Liquidity at BNY. "CollateralOne for buy-side is yet another example of BNY's commitment to developing innovative solutions that seamlessly support our clients through every stage of the investment lifecycle."

To learn more, please visit the BNY website here.

About BNY

BNY is a global financial services company that helps make money work for the world - managing it, moving it and keeping it safe. For 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

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