Jun 25, 2020
NEW YORK, June 25, 2020 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced the launch of three new Data and Analytics Solutions offerings designed to help investment managers better manage their data, improve the success of U.S.-listed fund launches and support the customization of investment portfolios to preferred Environmental, Social, and Governance (ESG) factors. Additionally, as part of its digital strategy to collaborate with external partners, BNY Mellon has expanded its relationship with Microsoft to create data, technology and content solutions for investment managers built on Microsoft Azure.
"Our clients want and need more flexibility in their cloud-based data solutions so they can remain agile to evolving market, client and regulatory changes," said Roman Regelman, Senior Executive Vice President and Head of Asset Servicing and Digital, BNY Mellon. "Data Vault, Distribution Analytics and ESG Data Analytics were developed to help investment managers better manage and unlock value from their data. Further, our expanded relationship with Microsoft underscores our open culture of partnering with leading technology providers to collaborate on data solutions that address client investment needs."
Three new offerings from BNY Mellon Data and Analytics Solutions are available today with more applications and capabilities being developed through collaboration with clients to be added in the future:
"We are pleased to collaborate with BNY Mellon on innovative cloud-based solutions built on Microsoft Azure to help their clients create alpha-generating opportunities and manage assets," said Judson Althoff, executive vice president of Microsoft's Worldwide Commercial Business. "The scope and scale of BNY Mellon's investment data, coupled with our portfolio of Azure products and services, will lead to solutions that enhance data as an asset and optimize accessibility of information for investment managers."
BNY Mellon Data and Analytics Solutions is a recently created cloud-based software and content offering that combines the established expertise and resources of the Eagle product suite, Intermediary Analytics and other BNY Mellon technology and data assets. It features an open ecosystem of proprietary and third-party business applications geared to help investment managers more efficiently manage and leverage their data so they can serve their clients more effectively and make better decisions in the front, middle and back office. To learn more about the new data and analytics solutions offerings, please visit our website.
About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of March 31, 2020, BNY Mellon had $35.2 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
Media Contact:
Peter Gau
BNY Mellon
+1 212 -815-2754
Peter.Gau@bnymellon.com
SOURCE BNY Mellon