The scheme is expected to allow financial institutions to leverage the benefits of domestic instant payment systems globally while continuing to use existing rails and enabling outgoing flows
Global middle-office solution OnCore will be integrated into Mackenzie’s existing business applications, enabling enterprise growth. The service will be administered by BNY Mellon
Designed for market infrastructures, registry platforms and other service providers globally, the service aims to support the development and institutionalisation of global carbon markets
In his new role, O’Sullivan will be responsible for the financial institutions business’ global clients and overall growth, overseeing custody delivery, technology and data solutions