BNY Mellon has centralised the leadership for the custodian’s capital markets businesses which include Pershing, Clearance and Collateral Management, and Markets.
The integrations with CAIS and iCapital are part of Pershing’s ongoing efforts to deepen its capabilities in the alternative investment space.
Pershing trading services will now be available to the wider BNY Mellon custody client base, and to new clients as a stand-alone service.
New head of Pershing’s registered investment advisor custody business announced as long-serving executive confirms retirement.
Pershing has recruited two new sales directors who will be tasked to support its ambitious growth strategy for Europe.
Pershing says new portal will deliver simplified account access and model delivery process.
Prime brokers are now stepping up their due diligence of hedge funds, becoming more forensic when looking to bring a hedge fund onto their balance sheet.
Lisa Dolly announces intentions to step down as CEO of Pershing after more than three years in the role.
The report suggests custodians are no long the central hub of technology for RIAs, with tech vendors now providing direct competition over data and analytics.
BNY Mellon's Scharf explained to investors the pipeline for new clients of Pershing is bigger than it has seen over the past five years.