In addition, resilience is essential to who we are. "This transaction with Milestone is the latest demonstration of BNY Mellon's commitment to support clients across the investment lifecycle and provide clients with open and flexible digital solutions that enable them to optimize, scale and grow their businesses," said Roman Regelman, BNY Mellon's CEO of Asset Servicing and Head of Digital. Currently, artificial intelligence (AI) is being used across the financial sector, but how it is being used and the strategies that data scientists and computational linguists in financial institutions employ are starting to change. We recently initiated an equity grant program called BK Shares so that almost all employees now own BNY Mellon stock, helping align the firm with our vision. Includes assets under management and AUC/A in the Wealth Management line of business. of the Top 100 investment managers worldwide, of the Top 50 U.S. life/health insurance companies. investors are still looking to move forward with their } reconcile with major digital custodians. Changes can be deployed quickly and easily to support your evolving brand strategy. BNY Mellon Active Investor provides a secure, user friendly portal to support the online inquiry and transaction needs of your shareholders. Are cryptocurrency payments more than a passing fad? 1 Notable items impacting total revenue in 2022 include the net loss from repositioning the securities portfolio, the accelerated amortization of deferred costs for depositary receipts services related to Russia and net gains on disposals. Revenues were up 11% in 2022, with all three businesses growing at 10%-plus. With Wealth Online, you have the option to receive statements electronically. It will come from a combination of higher interest rates, driving profitable growth and becoming meaningfully more efficient across our operations: consolidating and integrating technology platforms, better standardizing middle-office and data offerings, digitizing engagement with clients and automating onboarding. 1. Ive also met with our regulators, other stakeholders and many of you. bnymellonpension.bdigitalsuite.com is a subdomain of the bdigitalsuite.com domain name delegated below the generic top-level domain .com. Recognizing opportunities to digitize and automate, we launched an initiative in 2022 through which we solicited more than 1,500 ideas from those who see items ripe for improvement most clearly and closely our people. Wait until Bny Mellon Pension Direct Deposit is ready. developed this research. At the same time, geopolitical strains, uncertainty around inflationary policy and the path of interest rates, as well as liquidity concerns, are likely to continue to temper the near-term global outlook. reshaping the financial ecosystem and highlights the infrastructure Many financial solutions. and digital assets. 7Finadium market analysis as of fourth quarter 2022. We enjoy a relatively unconflicted position in the U.S. payment industry, without attachment to interchange fees or the bricks and mortar that can inhibit self-disruption. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Digital Asset Custody for bitcoin and ether is initially available for select institutional clients in the U.S. This system is for authorized users only. See our report, var results = regex.exec(window.location.search); Additional information is available on www.bnymellon.com. }); Notable items impacting total pre-tax income in 2012 include merger and integration charges, litigation reserves, restructuring charges and a charge related to investment management funds, net of incentives. Copyright 2023 Willis Towers Watson. Additional information is available on www.bnymellon.com. Lead from the front and serve as a critical partner to . T he Bank of New York Mellon ( BK) has signed a deal to acquire Milestone Group, a fund and investment automation services company. A multi-disciplinary team of expert talent. Download your finished form and share it as you needed. We see opportunities in these trends and, more broadly, we recognize opportunities to do more across our extensive suite of products and services for our clients. } Our suite of APIs provide instant access to your Transfer Agency and Subaccounting data: To support the online inquiry and transaction needs of your investors, Active Investor delivers a secure, user friendly portal that can be easily integrated into your existing service model. And over the course of 2022, we meaningfully reduced the duration and improved the risk and liquidity profile of our securities portfolio while keeping over 60% of the book designated as available-for-sale, which we viewed as a more prudent approach given the environment. "With Digital Asset Custody, we continue our journey of trust and innovation into the evolving digital assets space, while embracing leading technology and collaborating with fintechs," said Roman Regelman, CEO of Securities Services & Digital at BNY Mellon. } Fluency in Spanish is essential, and Portuguese would be beneficial. Consists of assets under custody and/or administration (AUC/A), primarily from the Asset Servicing business and, to a lesser extent, the Clearance and Collateral Management, Issuer Services, Pershing and Wealth Management businesses. BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. platform, we are accelerating the development of next-generation The benefits to BNY Mellon's clients will be numerous, including: "We're excited about becoming part of BNY Mellon and are committed to making this a seamless experience for all of our clients. The Business Journals Select a City Our transfer agency services offer a single, consistent way to do business across the global marketplace. The Ginnie Mae Guar- . Are paper checks on their last legs? Our digital solutions deliver tools that can help you improve investor satisfaction, strengthen investor confidence and enhance your distribution efforts. The web servers are located in Canada and are reachable through multiple IPv4 addresses. BOLD initiative benefiting Howard University. Our commitment to improving diversity and inclusion extends to the markets in which we operate. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news. Discover BNY Mellon's software at your own pace through: Instructional videos Interactive exercises User guides and presentations Discussion boards My Courses Accounting Corporate Actions Malcolm D'Souza Go to Course Enterprise Creating Time Based Loads in Automation Center Abhay Kelkar Go to Course DATA MGMT Data Delivery via Eagle OLAP Reports 487,823 followers. Nearly two centuries of direct custody expertise. Over the past decade, excluding notable items, our revenue and pre-tax income have grown by low single digits annually.1 Additionally, over this period, we incurred over $2 billion of net charges related to notable items, which impacted our reported results. saying they plan to hold digital assets in their portfolios within In order to protect your personal information, we automatically log you out of your account after a certain period of inactivity. As of Sept. 30, 2019, BNY Mellon had $35.8 trillion in assets under custody and/or administration, and $1.9 trillion in assets under management. 09 February, 2023. 1-2 Hatfields London Are paper checks on their last legs? For these reasons, we have invested significantly in our infrastructure to provide a strong foundation from a security, resiliency and scalability perspective, enabling us to provide continuity of service to clients through the COVID-19 pandemic and the extraordinary moves we saw more recently with several government debt markets and volume surges. In June 2022, we sponsored a global survey of institutional asset // if the target of the click isn't the container nor a descendant of the container Across our diversified portfolio of businesses, we saw healthy underlying growth in our Securities Services and Market and Wealth Services segments while our Investment and Wealth Management segment felt the strain of a continued decline in global market values and client de-risking. We and our partners use cookies to Store and/or access information on a device. Includes the AUC/A of CIBC Mellon Global Securities Services Company, a joint venture. Kevin's passion lies in investing in the success of others. As a result, our track record for revenue and pre-tax income growth has not met our expectations. BNY Mellon assesses market data to ensure a competitive compensation package for our employees. management to launch new products. CEO Robin Vince advocates for a smart regulatory framework to unite the traditional and digital asset systems. and digital assets. It is the world's largest custodian bank and securities services company, with $1.8 trillion in assets under management and $44 . The bank hired digital asset tech firms Fireblocks and Chainalysis to help develop multi-asset platform. The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) announced today that Robin Vince, President and Chief Executive Officer, will speak at the RBC Capital Markets Global Financial Institutions Conference in New York at 4:00 p.m. Read More >. Paul Patella Manage Settings We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Are paper checks on their last legs? In these uncertain times, supply chain finance and digital networks are providing clients with much-needed support. Find out the answers to these, and other pressing questions, in our exclusive report with Aite-Novarica. // Get this next value from the lightbox embed code below, within onclick. Acknowledging that these uncertainties will carry some challenges, its important to underscore a renewed sense of optimism running through our company. It enables you to quickly produce custom reports that can help you broaden your servicing and distribution capabilities and facilitate more effective decision making and customer service delivery. Milestone Group provides a fresh approach to data, process and product management delivering transparency and operational agility as integrated capabilities across key investment and operational functions. Ill conclude where I began: BNY Mellon has a great deal of potential, and I feel privileged to be in the position to lead us toward our future opportunities. Pension Benefit Services | BNY Mellon CIBC Mellon provides specialized services to specific industry segments. It's also clear we have a collaborative and intensely client-focused culture, which we find special and differentiating. More recently, weve elevated client dialogue while maintaining a strong focus on service quality, which has translated into higher-value deals and net new asset generation that better reflect the strength of our platform. In 2023, we plan to continue making proactive and deliberate efforts to include more communities in successful commercial outcomes. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital. 2 Rankings are relative to their respective Morningstar peer categories on a three-year basis. Global supply chains have faced significant challenges in recent years. At the same time, we also missed out on opportunities to deliver a stronger commercial proposition to the market. paul.patella@bnymellon.com, 2023 THE BANK OF NEW YORK MELLON CORPORATION, Governments, Sovereigns & Not-For-Profits. 9The Clearing House. Over the course of the year, we returned $1.3 billion of capital to shareholders, primarily through our quarterly cash dividends on common stock, which we increased by 9%, to $0.37 per share beginning in the third quarter. services, including execution and tokenization. Ranked by Wealth Management assets under management as of December 31, 2022. Today, our custody platform bridges digital and traditional Single log-in. Three years ago, we announced the Future of Collateral, an initiative to enhance our capabilities to meet the increasingly complex demands of clients. operational and security needs of digital assets. BNY Mellon Marketplace Access Explore our extensive catalog of APIs and applications and manage your current API subscriptions. return results[1]; 2023 THE BANK OF NEW YORK MELLON CORPORATION. VIEW MAP SAN FRANCISCO. Sources include: Refinitiv, Dealogic, Asset-Backed Alert and Concept ABS. Aug 2020 - Present2 years 7 months. BNY Mellon ( NYSE:BK ), one of the oldest banks in the US, has announced it will provide custody services for digital assets. This is yet another example of our leadership role in solving industry challenges and commitment to delivering expanded capabilities. Aviva Life & Pensions UK Limited (trading as Aviva) Floor 5 . BNY Mellons new NAV offerings, which are platform and provider agnostic, set a new industry standard for clients with three key features: Clients will benefit from enhanced controls and more efficient NAV reviews, while ensuring contingent NAV production across all asset classes in a single-provider or multiple-provider operating model. BNY Mellon's Digital Asset Custody Platform Goes Live in U.S. ET and 6 p.m. In 2022, we made progress across the various initiatives that follow, and we will continue these in 2023. First, Ill touch on what we have done well: As a key service provider to the U.S. government that plays an integral role in global markets, resilience is both a responsibility we take seriously and an attribute we see as highly commercial. resilient platform with custody as the foundation for While Im conscious of the work that remains, I strongly believe in our long-term potential. Three interrelated examples come to mind: One resounding message I hear from clients is that they want to do more business with us. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. In these uncertain times, supply chain finance and digital networks are providing clients with much-needed support. In this spirit, BNY Mellon formed an enterprise Digital Assets Unit in 2021 to develop solutions for digital asset technology, with plans to launch the industry's first multi-asset platform that bridges digital and traditional asset custody. an integrated provider to support their digital asset In Investment Management, our differentiated, specialist investment firms displayed resilience, and performance was solid, improving from the prior year, with about two-thirds of our top 30 strategies ranked in the top two quartiles versus peers.2 AUM flows were positive, and the business impressively navigated significant turbulence in the U.K. gilt (government securities) market. Our digital solutions are designed to enable effortless access to information across multiple business needsfor you, your investors and your intermediaries. Click to watch a brief video on benefits and enrollment. if (results == null) { The deal comes just over a year after the two companies formed an alliance to create a suite of oversight and contingent net asset value (NAV) services for asset managers and asset owners seeking independent oversight and backup NAV capabilities. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. Email us at bnyhelpline@willistowerswatson.com. Conduent Collaborates with BNY Mellon to Launch New Digital Hub that Expands Access to Faster, Easier and Secure Payments New digital platform brings together Zelle and the latest. currencies beyond bitcoin (BTC) and ether (ETH). The DNS configuration for bnymellonpension.bdigitalsuite.com includes 2 IPv4 addresses (A).Additional DNS resource records can be found via our NSLookup Tool, if necessary. Are cryptocurrency payments more than a passing fad? At the Intersection of Trust and Innovation Today, our Digital Asset Custody platform bridges digital and traditional assets. NEW YORK, Oct. 11, 2022- BNY Mellon today announced that its Digital Asset Custody platform is live in the U.S. With select clients now able to hold and transfer bitcoin and ether, this milestone reinforces BNY Mellon's commitment to support client demand for a trusted provider of both traditional and digital asset servicing. Knowledgeable teams support clients across 21 funds. Our long-term growth initiatives have clear and specific targets that we expect the teams to hit over the course of the year. See "Supplemental Information: Explanation of GAAP and non-GAAP financial measures" for reconciliation of these non-GAAP measures. User ID Support Forgot My User ID / Forgot My Password Register (First-time user) Need help? Job posted 1 day ago - The Bank of New York Mellon is hiring now for a Full-Time Collateral Operations Analyst in Orlando, FL. "Conduent's Digital Integrated Payments Hub becomes a natural, technical integrator to our existing suite of services at a time when many commercial and public sector clients are focused on. Our enhanced contingent capabilities support this solid foundation, which is continually tested against various stress scenarios. Find out the answers to these, and other pressing questions, in our exclusive report with Aite-Novarica. // Parsing the query string Here youll find the latest news from the Trustees of The Bank of New York Pension Plan, providing you with tips and up-to-date news on your retirement savings. Up 11 % in 2022, with all three businesses growing at %... Are designed to enable effortless access to information across multiple business needsfor you your. Do business across the global marketplace and many of you single log-in a stronger proposition... 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