BNY Mellon Selects Markit EDM Platform

BNY Mellon Asset Management has chosen Markit’s Enterprise Data Management (EDM) platform to help the company unify significant components of its data management operations and eliminate manual processes.

Markit was selected after an extensive due diligence process and a Proof of Concept. The first phase of the project will focus on amalgamating, cleansing and validating index data to create a master dataset for analytics. In subsequent phases, BNY Mellon plans to expand the usage of the platform to support the growing data management needs of its global subsidiaries.