BNY Mellon Corp. has updated its derivatives collateral servicing platform for institutional customers. New margin management capabilities delivered through a secure web-based portal have been added to DM Edge. The enhancements give clients a fully automated system that facilitates the entire margin call and collateralization process, improves reporting capabilities and mitigates operational risk. BNY Mellon has teamed up with Algorithmics, a collateral management solutions provider, to introduce these enhancements.
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