British Airways opts for BNY Mellon
17 April 2013 New York and London
Image: Shutterstock
British Airways Pension Fund has selected BNY Mellon to provide OTC derivatives and collateral management services.
Nadine Chakar, executive vice president and head of product and strategy for BNY Mellon鈥檚 global collateral services business, said: 鈥淭he needs of global retirement systems have grown increasingly sophisticated given ongoing regulatory develoments, the emergence of new, more complex financial instruments and today鈥檚 cross-border investment environment.鈥�
鈥淎s an organisation, we鈥檙e focused on delivering services to work with clients at every stage of the investment lifecycle by trading, holding, managing, servicing and distributing their financial assets.鈥�
Nadine Chakar, executive vice president and head of product and strategy for BNY Mellon鈥檚 global collateral services business, said: 鈥淭he needs of global retirement systems have grown increasingly sophisticated given ongoing regulatory develoments, the emergence of new, more complex financial instruments and today鈥檚 cross-border investment environment.鈥�
鈥淎s an organisation, we鈥檙e focused on delivering services to work with clients at every stage of the investment lifecycle by trading, holding, managing, servicing and distributing their financial assets.鈥�
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