Glue42 and BNY Mellon Seek to Automate Financial Operations

Glue42 has joined BNY Mellon’s “Operations to Operations” project with a jointly-developed solution that streamlines communications between BNY Mellon and its clients.

Glue42 says workflow optimisation helped BNY Mellon to deliver a trading-desk-like user experience to everyday middle and back office operations. This solution also leverages Glue42’s certified FDC3 (Financial Desktop Connectivity and Collaboration Consortium) Desktop Agent – allowing the BNY Mellon platform to integrate with other systems that also support this Finos (Fintech Open Source Foundation) standard.

“Collaborating with Glue42 meant we could build the platform on our own global enterprise technology while leveraging Glue42’s user experience,” says Mark Gibbons, head of asset servicing information delivery and services, BNY Mellon. “Together, we are delivering value for clients by automating processes and freeing up colleagues to focus on higher impact work.”

James Wooster, COO, Glue42, adds, “BNY Mellon’s use of our zero-install browser platform will help also accelerate the roll-out of their solution as there is no longer a need to deploy software onto the machines of their clients. This is the direction of travel for all major financial institutions and fintechs and is only possible using Glue42.”