About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BNY Mellon Picks GFI Fenics FX for Pricing Services in NYC, London and Tokyo

Subscribe to our newsletter

Bank of New York Mellon has signed a three-year license for GFI Fenics FX, pricing and risk management software from GFI Group, for use in its offices in New York, London and Tokyo. The banking and asset management firm says it will primarily use GFI Fenics FX for central pricing and risk management and global price distribution.

It will also use Fenics FX’s STP module for the processing of trade detail, rate and revaluation information between GFI Fenics FX and other systems in order to attempt to achieve operational efficiencies and streamline workflows. Bank of New York Mellon signed the license at the end of June and was live soon after with modules including Fenics FX Pricing, Analytics, Structuring, STP, Security and Live Rates.

“GFI Fenics FX enables us to integrate multiple internal and external rate sources, giving the bank confidence it is pricing and revaluing trades and positions with the most transparent and accurate information available,” says Michael Hyland, Bank of New York Mellon’s managing director of global markets. “Also, Fenics FX’s Structuring Module helps the bank’s sales team to design, price, and distribute complicated structures with ease.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to organise, integrate and structure data for successful AI

25 September 2025 11:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are...

BLOG

WeeFin Wins Best Data Management Initiative for ESG in the DMI Euro Awards 2024

WeeFin has won the award for Best Data Management Initiative for ESG in the Data Management Insight Euro Awards 2024. The awards recognise established providers and innovative newcomers who offer solutions that are providing leading data management solutions, services and consultancy to capital markets participants across Europe. Winners are selected by A-Team Group’s independent, expert...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...