BNY Mellon has launched three new data and analytics solutions offerings:
Data Vault is a cloud-based data and analytics platform that supports the rapid onboarding of data to provide greater flexibility and accelerate client innovation and discovery. Combining this with a scalable, machine-learning approach to data quality, users can more quickly and easily interact with data to gain actionable insights.
Distribution Analytics takes advantage of machine learning to help asset managers better understand predictive market demand drivers and sales momentum for mutual funds and ETFs in the U.S. so they can gauge how to gain market share.
ESG Data Analytics uses artificial intelligence to customise investment portfolios to individual ESG preferences with support from crowdsourced ESG data and demonstrability screens.
As part of its digital strategy to collaborate with external partners, BNY Mellon has expanded its relationship with Microsoft to create data, technology and content solutions for investment managers through Microsoft Azure.