BNY Mellon, Deutsche Bank to extend FX API for Indonesia and India

Chatbots cut through delays in dealing with custodians

Investing in foreign stocks and bonds can be more cumbersome than it first appears. Often, many of the workflows and processes go on behind the scenes between firms’ back-office operations, with multiple back-and-forth communications between counterparties’ custody teams. 

The complexity of this process is exacerbated when dealing with investments in countries with currencies subject to controls imposed by their governments. 

Some governments impose capital controls limiting the flow of funds

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