The Bank of New York Mellon Corporation Unveils Enhancements for Wealth Managers At Insite 2025
BK
Published on 06/03/2025 at 08:50
The Bank of New York Mellon Corporation will announce several enhancements to its products for wealth managers during its annual INSITE conference this week. INSITE 2025 is the first time the conference will showcase various new and future products and features from across BNY's businesses, including: Wove Investor: NetX Unification - Bringing together greater functionality across NetX Investor and Wealth Reporting, BNY Pershing will create a unified investor experience on Wove. Through this integrated platform, investors will have enhanced access to information and tools, streamlining their experience and enabling a more holistic view of their investments.
Wove Trading: Fixed Income Solution - Wove Trading will offer cutting-edge fixed-income portfolio construction, optimization, and trading features, empowering advisors to access greater liquidity, generate optimized portfolios, and unlock unique client insights - all in one intuitive platform. Wove Portfolios: Unified Managed Accounts (UMA) - Advisors will be able to construct UMA portfolios with model providers, active SMA managers and individual securities fully integrated with Wove workflows and trading. This will include sleeve data integration across the Wove platform and flexible sleeve management within the Wove trade tool and the portfolio accounting engine.
BNY Advisor Growth Network - Creation of a premier community of wealth management experts and resources to support financial advisors' business growth objectives through curated connections, insightful research, and event opportunities. BNY Investments' ResearchFlex - With the goal of helping advisors improve client outcomes and free up time to grow their businesses, ResearchFlex will provide institutional-quality manager research services to support their investment decisions. The manager research reporting and monitoring across traditional asset classes will enhance advisors' ability to evaluate investment strategies and monitor managers on an ongoing basis to better manage risk and meet fiduciary and regulatory obligations.
BNY Investments' PortfolioFlex1 - Providing advisors the flexibility to modify allocations at the asset class level and the underlying investments, PortfolioFlex is designed for advisors to deliver tailored model portfolios to clients at scale and within ranges that meet clients' stated risk/return profiles and tax preferences. Leveraging 40 years of experience in building and managing model portfolios, BNY curates the investments from a large menu of investment managers based on their institutional-quality manager research and executes the trading and rebalancing all on one platform. BNY A.M.P. (Assets-Movements-Platforms) - A banking-as-a-service (BaaS) solution that provides clients with a holistic platform of capabilities, encompassing virtual account management, fraud monitoring, embedded risk, compliance & KYC capabilities, payment processing, FX & Multi-currency payments, Debit Card issuance, consumer bill pay, 24/7 Call Center support & Web/API functionality delivering a bank-account experience for clients to deploy for their customers.