BNY Mellon bets on growing managed accounts market with Archer acquisition

BNY Mellon bets on growing managed accounts market with Archer acquisition

The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services firm, announced a definitive agreement to acquire Archer Holdco, LLC (“Archer”), a technology-driven provider of managed account solutions for the asset and wealth management sector. Archer offers a cloud-based platform that equips asset and wealth managers with middle- and back-office solutions. […]

BNY Mellon teams up with Accenture to transform financial services through enhanced data management and analytics

BNY Mellon teams up with Accenture to transform financial services through enhanced data management and analytics

BNY Mellon (NYSE:BK), in partnership with Accenture (NYSE:ACN), has embarked on a significant initiative aimed at transforming financial services by focusing on data management and analytics. This collaboration leverages BNY Mellon’s extensive financial data and analytics expertise alongside Accenture’s proficiency in data, AI, and platform engineering. The goal is to accelerate the development and delivery […]

BNY Mellon introduces virtual account-based solutions for enhanced cash management

BNY Mellon introduces virtual account-based solutions for enhanced cash management

BNY Mellon (NYSE: BK), a global leader in financial services, has announced the launch of its latest innovation, Virtual Account Based Solutions. This new cash management solution is set to revolutionize how treasurers around the world handle their financial operations, addressing complex payment and financing needs more effectively. The solution’s core feature is the virtual […]