Isabel Schmidt’s Post

The demands of corporate treasurers have shifted significantly in recent years, with changing consumer attitudes, new digital solutions and a turbulent rate environment as some of the key drivers. With corporate treasurers looking for more assistance in optimizing their liquidity management, banking providers have stepped up to help their clients maintain their competitive edge, all while increasing their capacity for executing everyday tasks. To find out more about how BNY Mellon has shaped its offering to address these new industry developments, read this interview by Steve Wojciechowicz, Senior Principal, Product Management with @Fintech Finance, here: https://ow.ly/ahwX30sytBH

Clients expect elevated industry standards, especially in financial services where the gap between capability and adoption is widening. We are focused on delivering results by bringing all our investment capabilities to one place for clients and often collaborating with fintechs to integrate best-in-class solutions for niche industry challenges. To learn more about how BNY is innovating with the latest tech and prioritizing client engagement with products, read my interview with Bank Automation News titled 5 Questions with BNY Treasury Services’ Carl Slabicki.

Digitalization, real-time insights and cash management are no longer preferences, they are demands from today's corporate clients. We collaborated with Goldman Sachs to explore these trends and make a compelling case for a banking transformation tailored for today's fast-paced, tech-driven financial landscape. There’s never been a better time for banks to embrace technological advances to lead the treasury transformation. Learn more: https://go.ey.com/3SXe8KR

At Taskize Forum 2024 New York, US banking leaders gathered to discuss the modernisation of post-trade operations and workflows. Thank you to Adam Watson, Global Head of Commercial Product for Custody at BNY Mellon, James K., Consultant at MBO Partners and James Pike, Taskize’s interim CEO for sharing their perspectives. Dive into our latest blog to learn more about how these insights can help your bank streamline operations, reduce risks, and improve efficiency 👇 #Banking #PostTrade #Fintech #OperationalEfficiency #FinancialServices #Interoperability 

Just as with consumers, corporate banking clients are gravitating toward digitalization, real-time insights, and frictionless service experiences that put actionability in the hands of the user. Specifically, treasury management comes to mind as one of the new playing fields for innovation and differentiation in financial services. Modernized transaction banking platforms could offer unified global experiences, smoother onboarding, and a robust architecture designed to help clients optimize working capital and funding through better, richer data insights. In the best-case scenario, we’d be looking at deeply overhauled platforms that effectively marry consistent user experiences with powerful, individually tailored solutions. Goldman Sachs recently put their foot forward in showing what this new generation of transaction banking might look like — below is an article by M. Kasif Wadiwala outlining these latest efforts and the impact they’re already leaving on the #financialservices space today: https://lnkd.in/eeCcNcRg #bankingtransformation

How onboarding sets banks and customers up for a long and valuable relationship Banking Dive #onboarding #fintech #digitalidentity https://lnkd.in/e7Du5rfU

The evolution of the needs of corporates’ treasury management presents an opportunity for banks to differentiate themselves by offering new, more comprehensive and sophisticated services. Our latest article in collaboration with @Goldman Sachs explores why the time is right for banks to examine and assess the case for a modern, cloud-based transaction banking platform that is equipped with capabilities and technologies that position treasurers at the forefront of treasury transformation, now and in the future. Read the article: https://lnkd.in/eGDjQaJe #TreasuryTransformation #TreasuryManagement #DigitalTransformation

Digitalization, real-time insights and cash management are no longer preferences, they are demands from today's corporate clients. We collaborated with Goldman Sachs to explore these trends and make a compelling case for a banking transformation tailored for today's fast-paced, tech-driven financial landscape. Read the full article here: https://go.ey.com/3wuU8I8

🌟 Revolutionizing Wealth Management: Integrating Open Banking and Advanced Solutions 🌟 In today's rapidly evolving financial landscape, wealth management firms are leveraging cutting-edge technologies to enhance client experiences and optimize operations. Here's a detailed look at how integrating open banking, data aggregation, performance number fixes, and transaction break fixes can elevate wealth management services, along with some notable products and solutions available in the market today: Open Banking Integration: Harness the power of open banking with platforms like Plaid and Yodlee, providing secure APIs to connect with clients' bank accounts. Access real-time financial data, including balances, transactions, and histories, empowering advisors with comprehensive insights into clients' financial positions. Data Aggregation: Streamline operations with solutions from Envestnet | Yodlee and Morningstar Direct. These platforms aggregate and normalize financial data from diverse sources, offering advisors accurate and reliable insights into portfolios, asset allocations, and performance metrics, all in one centralized dashboard. Performance Number Fixes: Ensure accuracy and consistency in performance calculations with robust solutions from FactSet and BNY Mellon | Eagle Performance. Utilize advanced methodologies, benchmarking tools, and customizable reporting capabilities to evaluate portfolio performance effectively. Transaction Break Fix: Optimize transaction management with tools from BlackRock Aladdin and SS&C Advent Geneva. Detect and resolve transaction breaks swiftly, reconcile trade data, and ensure timely settlement of investment transactions, enhancing operational efficiency and data integrity. Incorporating these solutions into wealth management operations not only enhances client experiences but also enables advisors to make data-driven decisions, optimize investment strategies, and maintain regulatory compliance seamlessly. Embrace innovation and stay ahead in the dynamic world of wealth management! 💼💡 #WealthManagement #OpenBanking #FintechSolutions #FinancialInnovation

The evolution of the needs of corporates’ treasury management presents an opportunity for banks to differentiate themselves by offering new, more comprehensive and sophisticated services. Our latest article in collaboration with Goldman Sachs explores why the time is right for banks to examine and assess the case for a modern, cloud-based transaction banking platform that is equipped with capabilities and technologies that position treasurers at the forefront of treasury transformation, now and in the future. Read the article: https://lnkd.in/eT9jmQM6   #TreasuryTransformation #TreasuryManagement #DigitalTransformation