Falco added: "As the introduction of Basel III's liquidity coverage ratio requirements in 2015 draws closer, the need to source high quality assets to be used as collateral is beginning to become critical for affected firms. To this end, highly rated Asian assets such as Japanese government bonds (JGBs) and Singapore government securities provide an elegant solution to the expected shortfall of acceptable collateral in the US and Europe. The challenge is having the infrastructure to 'unlock' these assets, which is where BNY Mellon can help."Notes to editors:BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of September 30, 2013, BNY Mellon had US$27.4 trillion in assets under custody and/or administration, and US$1.5 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.
BNY Mellon Named 'Collateral Manager Of The Year' In Asia Risk 2013 Awards
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.