BNY Mellon has launched its ETF Intelligent Basket Builder and ETF Asset Flow Analytics Dashboard, its latest services to support the growth and digitisation of the ETF operating model. BNY Mellon now services >USD1.25trn in ETF assets,
The ETF Intelligent Basket Builder, part of BNY Mellon’s ETF Center and available on its NEXEN portal, provides a central point of communication between the sell-side and buy-side of the ETF ecosystem. The solution facilitates the negotiation, execution, and transmission of creation and redemption (C/R) orders, saving time and providing greater transparency in the negotiation process.
The ETF Asset Flow Analytics Dashboard allows buy-side managers to customise their analysis of primary market trading. ETF firms can now also identify trends and have deeper conversations with critical liquidity participants. These new features build upon capabilities released throughout 2021, which include the new Post-Order Fees engine and digitised ETF Basket Data offerings.