Wilmington Trust Launches Custodian Messaging; Simplifying Trade Execution [Yahoo! Finance]
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M&T Bank Corporation (MTB)
Last m&t bank corporation earnings: 4/20 06:37 am
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Source: Yahoo! Finance
March 25, 2024 /PRNewswire/ -- Wilmington Trust, a leader in corporate and institutional trust services, today announced it has automated its trade settlement process using the S&P/HIS Markit ClearPar service known as Custodian Marketing. The new settlement system – used for syndicated bank loan trades – will allow clients' trade information to be processed and settled far more quickly and easily, with fewer opportunities for human errors in manually entering data, in a secure fashion. "By receiving trade data in a secure electronic format, in addition to the Document Delivery service, this new functionality will reduce turnaround time for trade fundings and settlements while enhancing our overall control environment," said Wilmington Trust's Richard Britt , institutional business line leader for Wilmington Trust's Global Capital Markets CLO division. "The adoption of this technology further supports our mission to leverage technology to improve efficiency, while reducing potentia
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MTB
Earnings
- 4/15/24 - Miss
MTB
Sec Filings
- 4/26/24 - Form 144
- 4/25/24 - Form 144
- 4/24/24 - Form 4
- MTB's page on the SEC website