BNY Mellon has onboarded Liontrust Asset Management as the first end-to-end client on its new Investment Operations platform. The open architecture platform will improve automation and integration capabilities, and offer enhanced data management and control capabilities to institutional asset managers.
It has modular data capabilities to give clients greater operational transparency and flexible integration to outsource services and operations. Clients can utilize a full range of services, which includes trade support, derivatives lifecycle, collateral management, bank loans, investment book of record (IBOR) and investment performance across all asset classes. These capabilities help asset managers to make better-informed investment decisions while managing risk, improving efficiencies and reducing costs.
The Investment Operations business encompasses the capabilities previously aligned with Middle Office Solutions, along with an enhanced set of services to support the evolving needs of the custodian’s institutional asset management client base. Peter Keaveney, global head of Investment Operations at BNY Mellon, said in a statement that the bank is moving forward on bringing all Investment Operations clients onto the “highly efficient, scalable operating model and technology platform”.