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    Currency Administration

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    BNY Mellon offers currency hedging and foreign exchange execution services to help clients focus on their core investment activities. They administer all aspects of passive currency hedging programs and provide disciplined execution of hedging strategies. Clients retain full investment discretion while outsourcing currency administration and operations. BNY Mellon also offers custody FX programs to automate the processing and execution of foreign exchange transactions related to international securities and payments in a client's custody portfolio. Clients can choose from different program options tailored to their currency needs and preferences.

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    Currency Administration

    Uploaded by

    api-313045815
    35 views2 pages
    BNY Mellon offers currency hedging and foreign exchange execution services to help clients focus on their core investment activities. They administer all aspects of passive currency hedging programs and provide disciplined execution of hedging strategies. Clients retain full investment discretion while outsourcing currency administration and operations. BNY Mellon also offers custody FX programs to automate the processing and execution of foreign exchange transactions related to international securities and payments in a client's custody portfolio. Clients can choose from different program options tailored to their currency needs and preferences.

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    BNY Mellon offers currency hedging and foreign exchange execution services to help clients focus on their core investment activities. They administer all aspects of passive currency hedging programs and provide disciplined execution of hedging strategies. Clients retain full investment discretion while outsourcing currency administration and operations. BNY Mellon also offers custody FX programs to automate the processing and execution of foreign exchange transactions related to international securities and payments in a client's custody portfolio. Clients can choose from different program options tailored to their currency needs and preferences.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    35 views2 pages

    Currency Administration

    Uploaded by

    api-313045815
    BNY Mellon offers currency hedging and foreign exchange execution services to help clients focus on their core investment activities. They administer all aspects of passive currency hedging programs and provide disciplined execution of hedging strategies. Clients retain full investment discretion while outsourcing currency administration and operations. BNY Mellon also offers custody FX programs to automate the processing and execution of foreign exchange transactions related to international securities and payments in a client's custody portfolio. Clients can choose from different program options tailored to their currency needs and preferences.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Currency Administration

    We integrate and administer all components of a passive currency hedging program (share-class or
    portfolio overlay), as well as provide FX execution services. Through our approach, you retain all investment
    management discretion, while outsourcing administration and FX operational functions to BNY Mellon.
    Innovative Solution
    This provides you with the opportunity to re-deploy valuable resources so you can focus on your primary
    mission along with the potential to reduce operational risk and exposure. We offer:

    A passive service

    A disciplined approach to calculating and executing currency hedging strategies

    Predefined hedging and pricing parameters

    Comprehensive reporting

    A service that is supported with proprietary software and a global operating model

    BNY Mellon provides alternatives to support you FX execution requirements, such as:

    A direct interface with trade order management system

    Execution of FX transactions against a pre-determined benchmark

    Custody FX Program

    Choosing from among our various Custody FX Program options allows you to have the processing
    and execution of your foreign exchange transactions related to activities in your BNY Mellon custody portfolio
    automated. Its really up to you. Choose the Custody FX Program option that enables you to execute your
    foreign exchange according to your currency and custody requirements.
    You can request how we execute your transactions by choosing one of our several FX Programs, each of which
    offers:

    pre-defined pricing parameters;

    market-responsive execution from our high speed pricing engine; and

    comprehensive post-trade reporting.

    You decide how to treat various situations (explained below) and then leave the follow-through to us.

    settlement of foreign securities transactions

    repatriation of income and dividends

    handling of corporate actions

    other custody-related cross-border payments

    With BNY Mellon Custody FX, you may:

    use client-defined preferences for trade execution and account administration;

    significantly reduce daily management of your Custody FX activities, and

    choose from among various Custody FX Programs to find the one that best meets your
    foreign exchange requirements.

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