March 9, 2018
JERSEY CITY, N.J. — BNY Mellon’s Albridge is pleased to announce that it has received the Technology Innovation Award at the Bank Insurance & Securities Association (BISA) annual conference. Albridge received the honor for the re-launch of Albridge Wealth Reporting, a comprehensive application that allows advisors to collaborate with clients by sharing metrics—charts, graphs, portfolio snapshots—that illustrate progress towards their financial goals.
The BISA Technology Innovation Award recognizes leadership in the advancement of innovative technology products, services and platforms for the financial services industry. Recipients are honored for their commitment to innovations in technology-based solutions for the industry.
“We are thrilled to be recognized by BISA for Albridge Wealth Reporting, which allows advisors to share more holistic view of client assets, while freeing their time to focus on helping clients achieve their goals,” said Marc Butler, chief operating officer of Albridge. “Albridge Wealth Reporting offers efficiency for advisors, and a way to help illustrate the value they bring to the relationship.”
Albridge collaborated extensively with advisors to create a completely new dashboard that focuses on enhanced functionality, and an application that is easily accessible anywhere. This latest version of Albridge Wealth Reporting has significant new functions: Along with on-the-go access, reporting is flexible, and configurable at firm/advisor level, offering advisors the ability to display allocation, holdings, benchmark comparisons, and more—with clear charts and diagrams to allow advisors to illustrate complex financial concepts in a way that makes them understandable to all investors.
To learn more about Albridge Wealth Reporting, visit albridge.com.
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 albridge.com.
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, managed account technology and operations 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 offices worldwide, Pershing provides business-to-business solutions to clients representing more than seven million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. Professionally advised managed accounts are offered through its affiliate, Lockwood Advisors, Inc., which is an investment adviser registered in the United States under the Investment Advisers Act of 1940. 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 and wealth management and investment services in 35 countries. As of June 30, 2020, BNY Mellon had $37.3 trillion in assets under custody and/or administration, and $2.0 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.