BNY Mellon’s Albridge Wins Family Wealth Report Award for Best Compliance Technology

March 15, 2018

JERSEY CITY, N.J. — BNY Mellon’s Albridge today announced it was awarded Best Compliance (Technology) for its Sales Practice Marketing solution at last week’s Family Wealth Report Awards 2018 held at the Mandarin Oriental in New York City. Selected by an independent panel of industry experts, the Family Wealth Report Awards recognize companies and individuals from across the wealth management and private banking industries that exemplify innovation and excellence.

BNY Mellon’s Albridge received the Best Compliance (Technology) award in recognition of how its enterprise data management solution is changing the way firms are responding to regulatory audits. With its new Sales Practice Monitoring solution, Albridge is creating value and efficiency for firms by enhancing the response process, allowing firms to request files, conduct data analytics and identify areas of potential concern—all from their desktop. This development eliminates visits to branch offices, and on-site analysis of documents. With this solution, firms can support increased sales activity levels without increasing compliance staff.

“It’s an honor to be selected by Family Wealth Report for this award,” said Marc Butler, chief operating officer of Albridge. “With the launch of Sales Practice Monitoring and our redesigned Albridge Wealth Reporting solution, we’re proud to offer advisors trusted and scalable tools to make their businesses easier to operate.”

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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.