Technology

A Flexible, Cutting-edge Prime Brokerage Platform

Pershing Prime Services is uniquely positioned to develop innovative technology for hedge fund and '40 Act fund managers. That's because we can leverage Pershing's enterprise-wide investment in NetX360^®—our front-to-back-office, open-architecture platform, used by over 100,000 financial professionals worldwide.

Anytime, Anywhere Portfolio Access

Conveniently manage portfolios online.

• Transparent, global, 24/7 online access to real-time intraday activity, positions, balances and market valuations
• Online short stock locates, trade capture, and advanced reporting
• Online access with views into both custody and portfolio accounting systems

Open Architecture

Our flexible technology aligns with your infrastructure.

• Dedicated prime services data warehouse portfolio analytics
• Portfolio accounting available to all clients through Advent Software’s Geneva® platform
• Flexible information delivery daily via FTP/email data files or reports tailored to your needs

Advanced Reporting Capabilities

Sophisticated data file and reporting capabilities include customizable formats with multiple delivery options.

• Integration with administrators, risk vendors, order management systems and direct market access solutions
• Support for data warehousing and Geneva®-based portfolio reporting
• Support for both browser and .net-based configurations; as well as mobile operating systems

Our groundbreaking collateral management solution enables online, automated selection and movement of collateral between custodian and prime broker.

PrimeConnect^™

PrimeConnect^™ gives unprecedented transparency and online control of collateral selection and movement to hedge fund managers who use a custodian to hold unencumbered assets. It helps reduce exposure to traditional prime brokers, eliminate manual processes, and lower operational cost.

• Automated credit and risk approval process
• Online real-time margin calculator
• Consolidated portfolio view
• Opportunity to enhance returns through our online fully-paid lending portal, including real-time calculations of potential income
• Access to monitor transactions at every phase of the process

PrimeConnect40^™

PrimeConnect40^™ is designed for ‘40 Act fund managers using the tri-party structure to support alternative strategies. It automates the process of moving assets between an unencumbered bank custody account to a special custody account that holds collateral to support shorting and financing done at Pershing.

• Automated credit and risk approval process
• Online real-time margin calculator
• Consolidated portfolio view
• Access to transaction status at every phase of the process
• Real-time transaction updates identifying the location of collateral at any time
• Expedited startup and integrated onboarding for BNY Mellon clients
• Counterparty strength and global resources of BNY Mellon