Albridge, an Affiliate of BNY Mellon’s Pershing, Announces the 2017 Albridge Data Excellence Awards and Showcases New Data-Driven Industry Solutions

September 15, 2017

Second annual awards recognize outstanding contributions in driving improvements in data quality; Albridge Forum highlights industry developments enhancing advisors' decision-making capabilities

WASHINGTON, D.C., September 15, 2017 – BNY Mellon's Albridge today announced the winners of the 2017 Albridge Data Excellence Awards and five additional client-focused awards. The awards were presented at the 2017 Albridge Forum in Washington, D.C., a premier event attended by financial technology professionals from broker-dealers, RIA firms, independent advisors and solutions providers. Participants discussed how advancements in data integration, analytics and data quality can enhance advisors' capabilities and investor outcomes.

Data-driven decision-making is a key theme of the 2017 Albridge Forum. Thanks to emerging technology and continued improvements in data quality, firms and advisors are able to effectively harness the power of their data.

To highlight the importance of data quality in the financial services industry, BNY Mellon's Albridge today presented its second annual Data Excellence Awards to recognize those firms who are driving meaningful data quality improvements in the broker-dealer industry, and that have made outstanding contributions to the Albridge Data Quality Forum community.

Northwestern Mutual was honored with the 2017 Data Excellence Champion Award for its dedication and commitment to data excellence in support of the best advisor and investor experience. An additional 25 broker-dealers received 2017 Albridge Data Excellence Awards. Two new Data Excellence Champion awards provided recognition for firms that are driving improvements to data quality across the industry from a Data Source and Product Company perspective.

"The Data Excellence Awards set out to recognize the clients who provide advisors and investors with the highest quality data integrity," said Greg Borgman, Director of Data Management of BNY Mellon's Albridge. "Data excellence at that level provides a high degree of trust to the advisor-investor relationship. We are proud the Albridge Data Quality Forum has contributed to that relationship in a positive way."

This year, Albridge also introduced a series of six new awards recognizing recipients for their efforts to work closely with Albridge to deepen integration, drive adoption and collaborate on innovation to help advisors and their investors:

  • Best Client Partner: Recognizes the firm that works hand-in-hand with Albridge and proactively embraces each initiative
  • Best Advisor Partner: Recognizes the advisor who worked to increase Albridge's visibility
  • Best Innovation Partner: Recognizes the forward-thinking firm focused on advisor success
  • Lifetime Achievement Award: Recognizes the individuals who have contributed to the evolution of Albridge
  • Best Early Adoption Partner: Recognizes the firm that took the lead in getting advisors to adopt the platform upon its rollout
  • Best Client Service Partner: Recognizes the firm that has collaborated with Albridge to provide exceptional service and training to advisors

"Over the past year, we've launched the new Albridge Wealth Reporting™ solution along with other exciting initiatives," said Jennifer Feinerman, Director of Sales and Relationship Management for BNY Mellon's Albridge. "It's been a collaborative process of working closely with our clients to ensure they have the training, support and educational resources they need. We recognize and thank those clients who went the extra mile."

The focus on data-driven decision-making continues throughout the Albridge Forum, including sessions devoted to artificial intelligence and advanced analytics. Another focus will be helping advisors and firm decision makers better use their data through the introduction of new advisor-level fitness reports. As Albridge continues to expand into the RIA marketplace, this level of analysis will become increasingly important and an advantage for independent advisors.

In addition, two firms that participate in Albridge's Applink® network are expected to make important announcements at the Albridge Forum. Riskalyze will debut important new functionality for its game-changing "Autopilot" solution. Morningstar will also discuss a number of important product enhancements and hinted at the coming-soon functionality of new indices within Albridge Wealth Reporting.

"Integration is key in our industry," said Aaron Klein, CEO of Riskalyze. "But that term is used quite broadly. Our integration with Albridge is very important to our advisor clients, because it means they have full visibility into investor data to help them make the right decisions."

For more information on the award winners, on the Data Quality Forum, or on Albridge, please visit

About BNY Mellon's Albridge

BNY Mellon’s Albridge Solutions Inc. is a leading provider of enterprise data management solutions that deliver a single view of an investor's broad range of assets. Our proprietary technology consolidates and reconciles client account and transaction data from hundreds of data sources representing banking, brokerage, insurance, retirement, managed accounts and more.

Albridge processes this cleansed data and uses it to power a variety of downstream technology solutions, including performance reporting, sales practice monitoring, data warehousing, business intelligence, imaging and workflow. Albridge provides the foundation for financial organizations to leverage a single source of information to power a number of mission critical technology applications. Albridge Solutions Inc. is an affiliate of Pershing LLC. Additional information is available at

About BNY Mellon's Pershing

BNY Mellon’s Pershing is a leading provider of clearing and custody services. We are uniquely positioned to help complex financial services firms transform their businesses, drive growth, maximize efficiency, and manage risk and regulation.

Wealth management and institutional firms outsource to us for trading and settlement services, investment solutions, bank and brokerage custody, middle and back office support, data insights, and business consulting.

Pershing brings together high-touch service, an open digital platform and the BNY Mellon enterprise to deliver a differentiated experience for every client.

Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. With offices around the world, Pershing has over $2 trillion in assets and millions of investor accounts. Pershing affiliates include Albridge Solutions, Inc. and Lockwood Advisors, Inc., an investment adviser registered in the United States under the Investment Advisers Act of 1940. Additional information is available on, or follow us on LinkedIn or 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 and wealth management and investment services in 35 countries. As of June 30, 2021, BNY Mellon had $45.0 trillion in assets under custody and/or administration, and $2.3 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 Follow us on Twitter @BNYMellon or visit our newsroom at for the latest company news.