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As they rush to fix the pricing crisis over the weekend, BNY Mellon is reaching out to clients while SunGard apologizes for the performance problems caused by its hosted InvestOne system.
Fund custodian BNY Mellon’s net asset value (NAV) pricing crisis appears to be ongoing as the firm stated that it will be working over the weekend to fix the problems caused by SunGard’s hosted InvestOne system. In the meantime, BNY Mellon is helping affected clients that offer mutual and exchange traded funds via contingency measures...
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