BNY Mellon launches new Data and Analytics Solutions

Monday 29 June 2020 11:54 CET | News

The Bank of New York Mellon (BNY Mellon) has announced the launch of three new Data and Analytics Solutions offerings.

As part of its digital strategy to collaborate with external partners, BNY Mellon has also expanded its relationship with Microsoft to create data, technology, and content solutions for investment managers built on Microsoft Azure.

The three Data and Analytics Solutions are Data Vault, cloud-based data and analytics platform that supports the onboarding of data; Distribution Analytics, which takes advantage of machine learning to help asset managers understand predictive market demand drivers and sales momentum for mutual funds and exchange traded funds in the US; and ESG Data Analytics, which uses artificial intelligence to customise investment portfolios to individual ESG preferences with support from crowdsourced ESG data and demonstrability screens.

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Keywords: BNY Mellon, data, partnership, Microsoft, Microsoft Azure
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech