BNY announced the integration of its CollateralONE with LiquidityDirect platforms. CollateralOne is a buy-side platform underpinned by the bank’s optimization capabilities, providing clients with an overall view of all their BNY assets, liabilities and opportunities in one place.
LiquidityDirect is BNY’s short-end investments platform with a comprehensive range of liquidity management and investment choices across the short end of the curve.
“This evolution gives our clients access to liquidity options in conjunction with our existing collateral management solutions, allowing them to automate and seamlessly use money market funds (MMFs) as collateral on triparty by transforming excess cash,” BNY wrote on Linked In.