Pershing Enhances PrimeConnect Collateral Management Application with the Addition of Fully Paid Lending Capabilities

Pershing has announced enhancements to its PrimeConnect application, most notably adding a seamless link to Pershing's Fully Paid Securities Lending program. The new connection to Pershing's Fully Paid Securities Lending program allows hedge funds, through a fully automated solution, to transfer fully paid securities from BNY Mellon to Pershing, at…