BNY Mellon: 2019 will see support-side innovation

Get excited about innovation, but don’t take your eye off the fundamentals

Jason Vitale, BNY Mellon
Jason Vitale: “We may consider calling the period beginning in 2019 a new phase for the FX market environment”

After nearly a decade of regulatory and legislative efforts to rein in risk-taking, speculative activities and poor conduct in global markets, foreign exchange participants are only now beginning to feel that a normal operating environment is within view.

For Bank of New York Mellon, 2019 ushers in an opportunity to allocate more resources to innovation, as well as improving products and services. 

With much of the sales and trader workflow and connectivity in FX already fairly automated, the

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