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Bank of New York Mellon to boost 2022 tech spending

The Bank of New York Mellon will increase its technology spend next year in an effort to build its platform offerings and modernize its applications. Tech spend — broken out as software and equipment — reached $372 million in the third quarter, up 9% year over year. The $470.5 billion bank reported earnings of $881 […]

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Source: https://bankautomationnews.com/allposts/business-banking/bank-of-new-york-mellon-to-boost-2022-tech-spending/

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