According to the bank, eVault is a legally compliant solution to move original electronic files from one party to another, while preserving its unique digital ownership.
The bank explains that the eVault platform ensures authentication of the original documents in passing between owners, irrespective of how many duplicate electronic files there may be of the same record. The repository system relies upon digital tamper-proof seals and has an audit trail that ensures compliance and provides detailed reporting.
Earlier in in June 2018, BNY Mellon and Deutsche Bank said they were both integrating a new chatbot on the Symphony platform to enhance the the flow of information for clients trading securities on the Hong Kong Stock Exchange (HKEX).
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