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SS&C: $890M At Stake in Legal Tussle With BNY Mellon

March 6, 2024 By Chris Kentouris Leave a Comment

A longstanding dispute over a market data contract with SS&C Technologies, which could cost BNY Mellon up to a whopping US$890 million in damages, highlights the danger of intentionally violating or even misinterpreting a critical element of such an agreement– distribution rights. At issue is whether BNY Mellon had the right to distribute market data […]

Filed Under: Compliance, Data, Investments, Operations, Reporting Tagged With: Compliance, Custodians, Fund Ops, Investments, Reporting

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