BNY Mellon integrates intermediary analytics into asset servicing

Asset managers require data analytics and tools from custodians to help drive business decisions and improve product strategies.
By Joe Parsons
BNY Mellon has integrated its asset management and broker-dealer analytics services into its asset servicing business. 
The expansion of its intermediary analytics suite, formerly Albridge Analytics, will facilitate the creation of new and enhanced distribution solutions within asset servicing.
The integration of the service follows increased demand from asset managers to use data analytics and tools to help drive business decisions and improve product strategies. 
“Our clients increasingly value the insights and guidance we deliver through automated tools and business intelligence solutions from across our asset servicing solutions set,” said Christine Gill, global head of BNY Mellon’s asset managers solutions.
“Intermediary Analytics greatly enhances our ability to provide our clients with comprehensive and unique insights that help them analyse business drivers, streamline and increase distribution intelligence, and optimise their decision making process.”
Its analytics services will compliment data gathered from BNY Mellon’s global custody, fund accounting, fund administration and tax services. Its analytical insights currently focus on mutual funds, exchange traded funds (ETFs) and separately/unified managed account products.