April 5, 2016
JERSEY CITY, N.J., April 5, 2016—Pershing LLC, a BNY Mellon company, is pleased to announce it received the Technology Innovation Award at the Bank Insurance & Securities Association (BISA) annual conference held last month. This is the second consecutive year Pershing has received this top honor, for its wealth management platform, NetX360® which received the accolade in 2015.
The BISA Technology Innovation Award recognizes leadership in the advancement of the financial services industry's products, services and platforms through technology innovation. It highlights companies for their commitment to innovations in technology-based solutions for the industry.
"Our open architecture platform NetX360 provides financial professionals with a full suite of technology solutions that enables them to serve their clients better and operate their businesses more efficiently," said Ram Nagappan, chief information officer of Pershing. "We've created a value-driven eco-system of digital solutions to transform our clients' businesses for success and are honored that BISA continues to recognize our innovation."
"Last year we enhanced our Albridge Wealth Reporting™ platform and launched Managed360™, further strengthening the solutions available through NetX360. We are proud of the accolades these solutions are already starting to receive," said John Brett, head of managed investments and chairman of Lockwood Advisors. "Creating innovative, insightful solutions is just one of the many ways in which we are personally invested in our clients."
Pershing is being recognized for the following technologies:
About BNY Mellon's Pershing
BNY Mellon’s Pershing and its affiliates provide advisors, broker-dealers, family offices, hedge fund and ’40 Act fund managers, registered investment advisor firms and wealth managers with a broad suite of global financial business solutions. Many of the world’s most sophisticated and successful financial services firms rely on Pershing for clearing and custody, investment and retirement solutions, technology, enterprise data management, trading services, prime brokerage and business consulting.
Pershing helps clients improve profitability and drive growth, create capacity and efficiency, attract and retain talent, and manage risk and regulation. With a network of 23 offices worldwide, Pershing provides business-to-business solutions to clients representing approximately 7 million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. Additional information is available on pershing.com, or follow us on Twitter @Pershing.
About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of September 30, 2018, BNY Mellon had $34.5 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management.
BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.