Breaking the Big Boys' Grip on Managed Accounts

Adams, John
March 2003
Bank Technology News;Mar2003, Vol. 16 Issue 3, p27
Trade Publication
Focuses on the collaboration between the Bank of New York and Metavante in the U.S. Management of financial accounts; Development of business solutions; Increase of profitability.


Related Articles

  • BNY Improves Collateral Management at BOTCC. Kentouris, Chris // Securities Industry News;5/27/2002, Vol. 14 Issue 21, p11 

    Reports the partnership between the Bank of New York and the Board of Trade Clearing Corp. in Chicago, Illinois. Realization of the margin requirement; Assessment of the cross-margining agreements with other clearinghouses; Enhancement of collateral management.

  • Bank Defections to Metavante Appear to Be Cost-Motivated. Bills, Steve // American Banker;7/22/2005, Vol. 170 Issue 140, p13 

    Discusses the implications of Metavante Corp.'s signing of new customers for its online bill payment services. Description of Metavante's deals with Zions Bancorp, Bank of New York Co. Inc., and National City Corp.; How the deals highlight the efforts of banks to reduce their top-line expenses...

  • Nordic Region Fertile Ground for Custodians. Kentouris, Chris // Securities Industry News;10/17/2005, Vol. 17 Issue 34, p15 

    Reports on the custody alliance deals in Scandinavia. Factors that contributed to bank partnership in the region; Financial services that would be provided by Bank of New York to Nordea AB under the partnership; Banks consisting DnbNor ASA.

  • Bank of New York Scores With Nordea Custody Deal. Kulikowski, Laurie // American Banker;8/25/2005, Vol. 170 Issue 164, p20 

    Reports that Bank of New York Co. Inc. will service $294 billion of non-Scandinavian assets for the Swedish banking giant Nordea Group. Interest of Bank of New York in increasing its share of the global custody market through partnership; Influence of the larger companies interested in foreign...

  • Bank of New York named Depositary by Egyptian firm.  // Hudson Valley Business Journal;1/23/2006, Vol. 17 Issue 2, p6 

    The article reports on the selection of Bank of New York Co. Inc. as depositary bank by Telecom Egypt. The former has been selected as depositary bank for its global depositary receipt. Bank of New York is depositary for more than 1,200 American and global depositary receipt programs with 64...

  • BNY, Nasdaq Unite on Derivatives Clearing.  // Clearing Quarterly & Directory;Fall2009, p4 

    The article reports on the merger of the Bank of New York Co. Inc. (BNY) and Nasdaq OMX Group Inc.'s subsidiary International Derivatives Clearing Group LLC in the over-the-counter (OTC) market. It notes that the partnership makes clearing OTC businesses less daunting and more transparent in a...

  • Sun Life Unit to Use Pershing for Clearing. Achermann, Matt // American Banker;11/29/2006, Vol. 171 Issue 228, p11 

    The article reports on a partnership between Pershing LLC, a subsidiary of Bank of New York Co. Inc., and Sun Life Financial Group's Independent Financial Marketing Group Inc. Pershing will provide clearing, trading and a financial services outsourcing platform for Independent Financial. Further...

  • BIG BANKS TEAM UP FOR SECURITY GUIDELINES.  // CardLine;2006, Vol. 6 Issue 5, p28 

    The article focuses on the Financial Services Shared Assessments Program established by Bank of America Corp., Bank of New York Co., Citigroup Inc., J.P. Morgan Chase and Co., U.S. Bancorp, and Wells Fargo and Co. in 2006. The banks collaborated to pressure computer service providers for a...

  • Depository receipt BBS. Hemmerick, Steve // Pensions & Investments;8/05/96, Vol. 24 Issue 16, p51 

    Reports that the Bank of New York has announced a depository receipt electronic bulletin board called Depository Receipt Communication Exchange.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics