BNY Mellon has announced a major expansion to its short-term investment solutions platform, LiquidityDirect.
Driven by client demand, the latest enhancements provide institutional investors and corporates – including the buy-side – with a comprehensive platform for leveraging more than 100 investment vehicles: including mutual funds, interest-bearing deposits and sponsored cleared repurchase agreement sweep products.
“With today’s news, it now offers even more innovative solutions enabling our clients to execute on their liquidity strategy, manage risks and improve performance,” said the firm.
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