Derivatives
COMMERCIAL BANK CUSTOMERS — E Derivatives
Regional and Super Community banks are under increasing pressure to deliver more capital markets products to their commercial customers. Over-the-Counter (OTC) Derivatives, principally US dollar interest rate swaps and options, are a cornerstone product for this market that has not historically offered capital markets capability. The costs of establishing and maintaining a derivatives operation are too high for most regional banks. Most such banks run so called "matched books," transferring the risks and responsibilities for their customer derivative transactions to larger dealing banks.
We provide an alternative method to meet the capital markets needs of these banks’ clients. Our unique E Derivatives service—a virtual derivatives department—enables super community and regional banks to offer private-labeled derivatives solutions to their commercial customers in an expert, profitable and risk-managed way.
E Derivatives provides matched-book hedging, administrative services, and product development, as well as marketing support and sales training. The Bank of New York Mellon, with its outstanding reputation in custody, cash management and other processing businesses, is uniquely positioned to provide superior quality services.