"Our infrastructure is multilingual and multiculturalwe live, work, and research where our customers operate to support them fully."
John Diamantis
Managing Director
Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation
Pershing LLC has been a key player in the financial industry since 1939. A subsidiary of The Bank of New York Mellon Corporation, Pershing is a leading global provider of business solutions to institutional and retail financial organizations and independent registered investment advisors collectively representing approximately five million active investors worldwide. To learn more about Pershing’s global offering, we spoke with John Diamantis, Managing Director in the Global Securities Services group at Pershing.
What are the key differentiators of Pershing’s global business capabilities?
We are the only firm with a truly universal offering for both our U.S. and international customers, with global capabilities and solutions. Our NetExchange® technology platform acts as a gateway to the global marketplace, providing an integrated multi-currency investment professional work station.
We’re also the only provider with the resources and expertise to service non-U.S. financial organizations. Pershing’s platform allows straight-through access to U.S.-bound transactions, as well as to non-dollar mutual funds, ETFs, and bonds in local market currency. Our infrastructure is multilingual and multiculturalwe live, work, and research where our customers operate to support them fully.
Who are Pershing’s customers and where are they located?
We have customers in over 40 countries. We serve financial intermediaries wherever there is existing or emerging wealth, and wherever the business environment is regulation-safe and enables cost-effective support.
What are the advantages to a broker-dealer looking to do business globally in choosing Pershing over another solution provider?
We’re experienced, large, and in a strong financial position. We are unconflicted. Our mission is solely to service the introducing financial institution. Many sophisticated investors invest a portion of their assets internationally; therefore, the biggest opportunities for broker-dealers exist in the global marketplace. Pershing is the only solution provider in the industry that can offer broker-dealers a truly global platform to grow their business.
To learn more about how Pershing’s global offering can help grow your business without limits, visit http://www.pershing.com/ or email internationalsales@pershing.com.