BNY’s Post

Continued interest in private markets is driving new legislation and democratization of alternative assets. However, managers are facing three major challenges: new and complex regulatory reporting requirements, changing the operating model to accommodate new types of investors, and supporting daily trading, subscriptions, and redemptions. In our new paper on the retailization of private markets, BNY Mellon explores these challenges and more. Check it out through the link in the comments below! #alternatives #privatemarkets #bnymellon

Learn more about the retailization of alternatives in major markets and solutions to help bring the benefits of alternative investments to retail investors and defined contribution (DC) plans. Download our latest whitepaper to discover what BNY Mellon | Pershing has to offer https://ow.ly/9r4O50QAv4n

BNY reports solid growth and strategic initiatives By Investing.com - https://lnkd.in/gPN86v9s BNY Mellon (NYSE:) (BNY) has reported a solid financial performance in its 2024 second quarter earnings call, with notable growth in earnings per share and revenue. CEO Robin Vince highlighted the company's improved earnings per share (EPS), which increased by 16% year-over-year (YoY) to $1.52. Total revenue also rose

Interesting paper from BNY Mellon on how continued interest in private markets is helping drive efforts to democratize alternative assets! Check out the paper to better understand the key drivers and potential challenges ahead for alternative asset managers and the industry overall. #BNYMellon #PrivateMarkets #Alternatives https://ow.ly/yqjg30sA5Lo

Let’s see BNY’s journey from its inception. BNY Mellon celebrates its 240th anniversary. From its inception to becoming a global leader in investment management and investment services, BNY Mellon’s journey mirrors the evolution of the global financial landscape. 1️⃣7️⃣8️⃣4️⃣- BNY Mellon was founded by Alexander Hamilton as Americas first bank.🏦 1️⃣9️⃣5️⃣5️⃣- Enabled access for OTC ADRs. Known for over the counter market of the American Depository Receipts. 1️⃣9️⃣5️⃣8️⃣- Bank let the way for more streamline for bookkeeping practices with the help of its first computer 🖥️ - IBM 650. 1️⃣9️⃣8️⃣5️⃣- Initiated Tri-Party trades. Tri-Party repo reduces the cost funding in order to provide the liquidity from multiple assets type globally. 2️⃣0️⃣1️⃣3️⃣- Linked the access edge portal to Bloomberg to help clients further optimise the collateral management through automated deal matching. 2️⃣0️⃣1️⃣7️⃣- Bank was the first to execute a real time payment using the clearing house network in 2017. 2️⃣0️⃣2️⃣3️⃣- Debuted Wove. Its groundbreaking wealth management platform integrates the technology tools advisor use into single data driven platform. Wove is an industry that enable wealth advisors to seamlessly connect all the components of client’s financial picture in one place. Today, BNY Mellon continues to maintain its commitment to innovation & digital transformation. Leveraging AI & other emerging technologies to enhance its products and services, optimise its operation & empower its employees. BNY Mellon touches approximately 20% of the world’s investable assets. #bnymellon #240years

BNY Mellon, one of the most storied names in the financial world, has recently undergone a rebranding, emerging as simply "BNY." This change isn’t just a new name—it reflects a deeper transformation aimed at connecting more closely with clients and the evolving market. For centuries, BNY Mellon stood as a symbol of stability and trust in finance, with roots tracing back to Alexander Hamilton’s founding vision in 1784. Now, as BNY, the company embraces a more modern and streamlined identity. This shift is about more than aesthetics; it's about fostering a more personal and agile approach in an ever-changing industry. The rebrand to BNY signifies a commitment to innovation while honoring a rich legacy. By simplifying its name, BNY aims to break down barriers, making its services more accessible and its communication clearer. This move aligns with a broader strategy to integrate technology seamlessly with financial expertise, providing clients with enhanced digital solutions and a more responsive service. In essence, BNY’s rebranding is a pledge to stay at the forefront of finance, meeting clients where they are and anticipating their future needs. It’s a thoughtful evolution, ensuring that while the name has changed, the core values of integrity, excellence, and client focus remain steadfast. #BNYRebrand #BNYMellon #FinancialServices #TechInFinance #FinanceTransformation #investmentbanking #finance #financialnews #FinanceIndustry #BusinessStrategy #CorporateEvolution #TrustAndInnovation #BNYFutureReady

Very cool post from Jingwei Li / Fidelity International Strategic Ventures with their perspective on the staged adoption of #tokenized securities (full post linked below) 👏👏👏 📌 Why this is pretty awesome 📌 1️⃣ The Fidelity team suggest three stages / operating models: i) In-house / Initial stage, ii) Collaborative / Growth, and iii) Marketplace / Maturity 2️⃣ At the in-house stage, everything is done in-house with centralized systems and standards, leveraging existing client bases and assets to kickstart adoption 3️⃣ At the growth stage, multi-party models start to become more common as opportunities grow; For e.g., multi-dealer platforms such as Marketnode or HQLAᵡ 4️⃣ At the maturity stage, a distributed marketplace and value chain may emerge, where issuers, #investors, and service providers can interact directly (and programmatically?) 5️⃣ The team also proposes three key factors to consider... namely the need for distribution, appropriate business models, and the evolving regulatory / operational landscape 🌍 6️⃣ On paper, broadly agree on their thesis -- and in fact, the 'maturity stage' looks very similar to the traditional finance world today... 7️⃣ ...as financial transactions today rely on various specialized parties, and for the right deal type, can tap onto multiple pools of liquidity across the world... 8️⃣ ...with the key difference being the potential of additional flexibility and functionality via extensive multi-party #connectivity and #standardization 9️⃣ Not sure that the future paradigm will be on public chains -- cheekily suggest that perhaps a DTCC or Euroclear operated Layer 1 might fit the bill better 😉 🔟 PS: The marketplace model suggested is also reminiscent of the work done by Alan Lim's and Nigel Lam's team on #ProjectGuardian -- suggested further read linked below 👇 📸: Fidelity / Fidelity Strategic Ventures The Depository Trust & Clearing Corporation (DTCC) Fidelity Investments

Interesting paper from BNY Mellon on how continued interest in private markets is helping drive efforts to democratize alternative assets! Check out the paper to better understand the key drivers and potential challenges ahead for alternative asset managers and the industry overall. #BNYMellon #PrivateMarkets #Alternatives https://ow.ly/VZU030sA0wR

Interesting paper from BNY Mellon on how continued interest in private markets is helping drive efforts to democratize alternative assets. Read the paper to better understand the key drivers and potential challenges ahead for alternative asset managers and the industry overall. https://bny.mn/3SwZA4G #bnymellon #privatemarkets #alternatives

Interesting paper from BNY Mellon on how continued interest in private markets is helping drive efforts to democratize alternative assets! Check out the paper to better understand the key drivers and potential challenges ahead for alternative asset managers and the industry overall. #BNYMellon #PrivateMarkets #Alternatives https://ow.ly/A8Zf30sA1Nr