Derivatives360's modular design lets clients to select some or all of the components offered by the platform, allowing them to focus resources and management time on their core activities.

It offers a broad range of services for issuers and investors around the execution and processing of derivatives including: trading and execution; middle and back office outsourcing; collateral management; accounting and recordkeeping; reporting; and performance and risk analytics.

Derivatives360 also encompasses outsourced services such as OTC trade affirmation and confirmation, trade settlement, third-party valuation and counterparty and investment manager reconciliation.

Tim Keaney, chairman of Europe and head of global client management at The Bank of New York Mellon and co-chief executive of BNY Mellon Asset Servicing, says: "Derivatives360 leverages The Bank of New York Mellon's existing expertise, sophistication and experience around derivatives processing and settlement to provide end-to-end support and transparency, before, during and after a trade. As such it reinforces our long-standing commitment to providing our clients with simple solutions for complex problems."