Following its alliance deal with BlackRock Solutions earlier this year, BNY Mellon has formed a strategic alliance with Bloomberg that further integrates BNY Mellon’s data, analytics, and servicing capabilities with AIM, Bloomberg’s portfolio management, trading and compliance platform. The new connectivity streamlines data delivery between the two firms and enables clients to access BNY Mellon’s data and analytical workflow tools directly through Bloomberg AIM. These integrated solutions, available immediately, will benefit clients across many core processes along the investment lifecycle. With automated connectivity and standardized data delivery between Bloomberg AIM and BNY Mellon, common clients will experience faster onboarding, higher straight-through processing rates and more efficient data exchanges. Clients will be able to leverage BNY Mellon’s reporting and transaction applications together with AIM’s oversight functions, providing all the details and drill-down capabilities to support settlement cycles and accurate tradable positions in one place.
