Using Microsoft Azure cloud and BNY Mellon’s financial data and analytics capabilities, the collaboration aims to bolster BNY Mellon’s data management solution for buy-side and sell-side clients.
A new study from BNY Mellon of 200 asset managers found an overwhelming 97% plan to outsource their data management infrastructure.
The launch of the solution comes as BlackRock looks to make its Aladdin Provider platform a core infrastructure used between investment managers and asset servicers.
The deal will integrate EDS decision support tools with Northern Trust’s core technology platform, providing it with new data science capabilities.
A joint survey by Intertrust Group and Global Custodian has found CFOs of private capital funds will have to adapt to changing data demands from investors.
BNY Mellon's Todd Gibbons explained investment into new data and analytics products will help expand new revenue streams.
The stance from three of the world's largest pension funds could spark an opportunity for service providers to help other asset owners more effectively incorporate ESG factors into investing.
The new platform encompasses the capabilities previously aligned with BNY Mellon’s middle-office solutions with a new set of modular data services
Data management strategies have become a focal point for buy-side operations teams, as they look to find new ways to support investment decisions.