BBVA’s asset management unit BBVA Asset Management has appointed Bank of New York Mellon Corp. (BNY Mellon) for its Derivatives360 offering. The global investment management and services leader will provide a comprehensive group of solutions to BBVA’s €23 billion global funds range through the offering.
With Derivatives360, BBVA will be able to access a broad range of tailored middle-office services comprising over-the-trade trade affirmation and confirmation, independent (third-party) valuation, lifecycle event management and portfolio reconciliation. The BNY offering lends end-to-end support and transparency, before, during and after a trade is transacted.
Click here for the release from PR Newswire.