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| The Bank of New York Mellon's Pershing Unit Releases New Study for Hedge Funds Focusing on Best Practices for Managing Counterparty Risk and Relationships January 05, 2009 - A new white paper published by Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, and Aite Group LLC has found that managing counterparty risk is a much more critical component of a hedge fund?s overall business operations today than it has been in previous years. |
| The Bank of New York Mellon's Pershing Unit Launches Comprehensive Practice Management Program to Help Wirehouse Advisors Transition to Alternative Affiliation Models December 09, 2008 - Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, announced today that it has launched a new Advisor in Transition practice management program. The program is designed to help wirehouse advisors explore alternative affiliation models and provide them with tools and solutions to make a seamless transition to a new organization. These alternative affiliation models include joining or establishing a broker-dealer firm, joining or establishing an independent registered investment advisory (RIA) practice or establishing a hybrid firm that offers both commission and fee-based services. |
| The Bank of New York Mellon's Pershing Advisor Solutions Unit Releases Benchmarking Study Outlining Trends in Managing Human Capital December 08, 2008 - Pershing Advisor Solutions LLC, a subsidiary of The Bank of New York Mellon Corporation, released an independent study today with InvestmentNews and HNW, Inc., entitled A View From the Top 2008: Trends in Managing Human Capital. |
| The Bank of New York Mellons Pershing Unit to Provide Customers with Access to the Certificate of Deposit Account Registry Service (CDARS) November 06, 2008 - Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, announced today that it has begun making the Certificate of Deposit Account Registry Service (CDARS) available to its introducing broker-dealer and independent registered investment advisor (RIA) customers. This new solution will enable Pershings customers to offer their clients an efficient way to invest large dollar amounts in FDIC-insured certificates of deposit (CDs). CDARS is managed by Promontory Interfinancial Network, LLC. |
| The Bank of New York Mellon's Pershing Unit Enhances Global Execution Capabilities for Trading Equities October 15, 2008 - Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, announced today that it has entered into a software licensing agreement with GL TRADE. The agreement enables Pershing to provide enhanced global equity execution capabilities to its introducing broker-dealer and independent registered investment advisor (RIA) customers. |
| The Bank of New York Mellon's Pershing and iNautix Units to Provide Introducing Broker-Dealer Firms with Comprehensive Suite of Compliance Solutions from Actimize October 08, 2008 - Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, and iNautix (USA) LLC, an affiliate of Pershing, announced today that they have introduced a comprehensive suite of compliance solutions for their introducing broker-dealer customers that include anti-money laundering (AML), trade surveillance and sales practices. |
| The Bank of New York Mellon's Pershing Unit Expands BondCentral Platform with Structured Products through Tradeweb September 29, 2008 - Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, announced today that it has expanded its BondCentral trading platform to incorporate a broader array of structured product choices. These enhanced capabilities are being offered to Pershing's introducing broker-dealer and independent registered investment advisor (RIA) customers through Tradeweb Retail, the retail trading platform of Tradeweb, a leading online multi-asset class marketplace. |
| The Bank of New York Mellon's Pershing Advisor Solutions Unit Releases New Study Highlighting Mergers and Acquisitions Activity for Independent Registered Investment Advisors August 01, 2008 - Pershing Advisor Solutions LLC, a subsidiary of The Bank of New York Mellon Corporation, released a new independent study today with Moss Adams LLP entitled Real Deals 2008: Definitive Information on Mergers and Acquisitions for Advisors. |
| The Bank of New York Mellon's Pershing Unit Adds Four Industry-Leading Fund Companies to Nexus Funds July 28, 2008 - LONDON, July 28, 2008 - Pershing Limited, an affiliate of Pershing LLC and a subsidiary of The Bank of New York Mellon Corporation, announced today that it has added mutual funds from BlackRock, HSBC Global Asset Management (UK) Limited, Rathbone Unit Trust Limited and Sarasin Investment Funds Limited to its Nexus Funds solution. |
| The Bank of New York Mellon's Pershing Unit Launches Collateralised Lending Service for Private Client and Private Wealth Managers July 24, 2008 - LONDON - Pershing Limited, an affiliate of Pershing LLC and a subsidiary of The Bank of New York Mellon Corporation, announced today that it has launched Nexus Loans, a collateralised lending service for advisors and wealth managers who serve high-net-worth investors. This new offering expands Pershing's suite of solutions for the private client and private wealth management market. |