BNY Mellon has enlarged its short-term investment system, LiquidityDirect. It now offers investment in mutual funds, improved Focused Investing features, interest-bearing deposit accounts and sponsored cleared repo options to help businesses to be more liquid, control risks and perform better.
Client requests pushed us to make improvements to our platform, giving corporate treasurers and other finance professionals access to over 100 different investment options.
LiquidityDirect is expanding its platform capabilities to include integration with SAP’s Treasury Management workstation. This will create time-saving opportunities for users who manage their own cash, payments and investments. The expansion connects LiquidityDirect with leading treasury workstations and cash management systems, such as:
- Indus Valley Partners, G Treasury and Hazeltree.
CEO of BNY Mellon Markets & Execution Services, Adam Vos, said:
Throughout market cycles, the global demand for liquidity remains paramount for all market participants. A critical component to meeting clients’ needs is providing integrated access from a single source to an array of liquidity solutions. We have built—and now significantly enhanced—our LiquidityDirect platform to offer clients exactly these types of innovative solutions, to meet their dynamic investment and risk criteria as they execute on their liquidity strategy.
Global Head of Liquidity Services, BNY Mellon, George Maganas, said:
Our clients have conveyed a need to streamline management of their short-term investments – and we listened. Through the expansion of our LiquidityDirect product suite, we are providing them with a comprehensive set of short-term investment options through a single point-of-access. We will continue evolving the platform to enhance our clients’ experience by incorporating the latest market developments, investment options with seamless integration and data management they demand.
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