NEW YORK, Sept. 29, 2021 /PRNewswire/
-- LiquidityDirectsm clients are now able to
seamlessly invest cash in commercial paper (CP)* and
exchange-traded funds (ETFs)* while also being able to leverage a
new search application that introduces Environmental, Social and
Governance (ESG) ratings onto the portal.
The addition of these new investment options and ESG analytics
represents the next step in the expansion of LiquidityDirect, BNY
Mellon's market-leading short-end investments platform, to deliver
a comprehensive range of liquidity management and investment
choices across the short end of the curve.
"Clients are looking to easily access investments with different
returns, terms, and risk profiles via a single platform. Our latest
expansion, which follows on from the addition of sponsored cleared
repo earlier this year, provides clients with industry-leading
capabilities that address their investment needs via a simplified
user experience," says George
Maganas, Global Head of Liquidity & Margin Services at
BNY Mellon.
"We've been listening to our clients and it's clear that today,
investing is about more than just returns. We have to help clients
address the ESG investment challenges they face across a range of
issues, from non-standardization to securing meaningful insights on
the environmental and social impact of their investments. This is
why we are adding capabilities to embed clients' ESG investing
criteria in their short-term cash management, helping them to
connect the dots between their values and investments," Maganas
concludes.
The new offerings on LiquidityDirect enable clients to select
from a range of investments at the click of a button:
Commercial Paper (CP) is short-duration debt issued
by banks and corporations with maturities ranging from overnight to
one year. Yields on cash invested in CP offer opportunities for
higher and differentiated returns compared to other short-term
investments.
Short-Duration Fixed Income ETFs typically invest in
short-term, high-quality government securities like US Treasury
bills or investment-grade corporate bonds and are an alternative
near-term investment option.
Socially responsible and sustainable investing is of
growing importance. LiquidityDirect's new focused investing
capabilities, which are powered by BNY Mellon's ESG Data Analytics,
help clients quickly and easily analyze ESG ratings of eligible
investment options to enable alignment with their corporate social
and ethical values.
In addition, LiquidityDirect is increasing access to its
investment platform for clients through a new collaboration with
treasury workstation provider Indus Valley Partners (IVP).
To date, LiquidityDirect is also fully integrated with cash
management systems such as GTreasury and Hazeltree.
Since its launch in 1997, LiquidityDirect has established itself
as one of the market's leading portals for investing in all types
of money market funds and sponsored cleared repo. As of year-end
2020, the platform supported almost $9
trillion in transaction flow annually for more than 700 of
the world's largest corporations and institutional investors.
*Products offered
only in the US to institutional clients, unless otherwise permitted
by local law, on LiquidityDirect through BNY Mellon Capital
Markets, LLC.
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ABOUT BNY MELLON
BNY Mellon is a global investments
company dedicated to helping its clients manage and service their
financial assets throughout the investment lifecycle. Whether
providing financial services for institutions, corporations or
individual investors, BNY Mellon delivers informed investment and
wealth management and investment services in 35 countries. As of
June 30, 2021, BNY Mellon had
$45.0 trillion in assets under
custody and/or administration, and $2.3
trillion in assets under management. BNY Mellon can act as a
single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. BNY Mellon
is the corporate brand of The Bank of New York Mellon Corporation
(NYSE: BK). Additional information is available on
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the latest company
news.
Contact:
Peter
Madigan
peter.madigan@bnymellon.com
+1 212 815
2308
Nina Truman
nina.truman@bnymellon.com
+1 212 815 2006
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SOURCE BNY Mellon