BNY Mellon has on-boarded Liontrust Asset Management as the first end-to-end client on its new investment operations platform.
The new open architecture platform is set to improve automation and integration capabilities and offer improved data management and control capabilities to institutional asset managers.
The investment operations business encompasses the capabilities previously aligned with middle office solutions, as well as an “enhanced set of services” to support BNY Mellon’s institutional asset management client base.
The services include trade support, derivatives lifecycle, collateral management, bank loans, investment book of record (IBOR) and investment performance across all asset classes.
BNY Mellon said that these capabilities will enable asset managers to make better-informed investment decisions while managing risk, improving efficiencies and reducing costs.
Peter Keaveney, global head of investment operations at BNY Mellon, said: “It has been great working with Liontrust to on-board the company as the first end-to-end user of our new platform.”
Vinay Abrol, COO and CFO of Liontrust Asset Management, commented: “We have been impressed with BNY Mellon’s Investment Operations capabilities and leading technology, along with the professionalism with which their team transitioned us onto their new platform.”
