A Bank merger of enormous proportions in the asset management field.  $17 trillion in assets serviced, and over 1 trillion in directly managed assets! The new company, which will be called Bank of New York Mellon Corp., will be the world’s leading asset serviced with $16.6 trillion in assets under custody and corporate trustee with $8 trillion in assets under trusteeship. It will rank among the top 10 global asset managers with more than $1.1 trillion in assets under management. Source: The Cincinnati Post – Merger creates banking behemoth Bank of New York Co. has agreed to take over Mellon … Continue reading Merger creates banking behemoth – Bank of New York and Mellon Bank

 Here is a snapshot of the review at Financial Marketing on this new release that came out earlier this week.  Its worth clicking through and reading the whole review, especially if you are in the online banking/ site design business.  This is a classic case demonstrating lack of alignment between stakeholders. In typical style Jim highlights the fact that a company like CashEdge who have been around long enough need to know this is quite unacceptable, and will not do justice to the business requirement.  Flushing Savings Bank, should take another look at this. In fact, the application is a … Continue reading NetBanker 2.0: The iGoBanking/CashEdge new account application needs improvement