BNY

PureFacts to help power BNY Mellon Pershing X’s wealth management platform Wove for advisors

Retrieved on: 
Thursday, June 8, 2023
Broadridge Financial Solutions, BNY Mellon, Wove paper, Acquisition, BNY, Cryptocurrency, Financial adviser

TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- PureFacts Financial Solutions, a leader in revenue management solutions for the investment management industry, today announced that its fee and billing calculation engine will be added to the Wove wealth management platform of Pershing X, a technology provider and new business unit of BNY Mellon.

Key Points: 
  • TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- PureFacts Financial Solutions, a leader in revenue management solutions for the investment management industry, today announced that its fee and billing calculation engine will be added to the Wove wealth management platform of Pershing X, a technology provider and new business unit of BNY Mellon.
  • With the addition of PureFacts, wealth management firms using the Pershing X platform will be able to better account for every dollar of value, with less overhead and more automated, accurate, and repeatable workflows.
  • “The time is right for PureFacts to be collaborating with the team at Pershing X,” said Robert Madej, Founder and CEO of PureFacts Financial Solutions.
  • This announcement comes on the heels of the company’s spring 2023 acquisition of Xtiva Financial Systems, a New York based technology firm in the wealth management industry.

AM Best Affirms Credit Ratings of BNY Trade Insurance, Ltd. and The Hamilton Insurance Corp.

Retrieved on: 
Tuesday, June 6, 2023
Insurance, Professional Services, AM Best, BNY Mellon, ALL, ERM, Risk management, Credit, Bank, AM, Ethics, BNY, BK, News, NYSE

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of BNY Trade Insurance, Ltd. (BNY Trade) (Hamilton, Bermuda) and The Hamilton Insurance Corp. (Hamilton) (Melville, NY).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of BNY Trade Insurance, Ltd. (BNY Trade) (Hamilton, Bermuda) and The Hamilton Insurance Corp. (Hamilton) (Melville, NY).
  • BNY Trade and Hamilton are single-parent captives of their ultimate parent, The Bank of New York Mellon Corporation (BNY Mellon) [NYSE: BK], a leading global financial services company.
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

BNY Mellon & MoCaFi to Bring Digital Payments Innovation to Underserved Communities Across the U.S.

Retrieved on: 
Thursday, June 8, 2023
Federal Deposit Insurance Corporation, Fintech, Treasury services, BNY Mellon, BNY, FDIC, BK, NYSE, Cryptocurrency, Security (finance), Vaia

NEW YORK, June 8, 2023 /PRNewswire/ -- BNY Mellon (NYSE: BK) and MoCaFi, a Black-founded fintech platform leading financial empowerment for traditionally underserved communities, have formed a strategic alliance to extend payment options to unbanked and underbanked communities in the U.S.

Key Points: 
  • The alliance reflects BNY Mellon's broader commitment to financial inclusion , helping to connect unbanked and underbanked individuals and communities to high-quality financial services.
  • An underbanked household is one that has a bank account but lacks adequate access to other traditional financial services.
  • Jennifer Barker, CEO of Treasury Services, BNY Mellon said: "The inability to provide digital payments to a significant portion of the U.S. economy has been a major hurdle for both public and private sectors.
  • Wole Coaxum, CEO and Founder of MoCaFi, said: "Our alliance with BNY Mellon will accelerate our mission to reduce the racial and social wealth gap through increasing pathways to wealth for underserved individuals, especially communities of color.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Retrieved on: 
Friday, June 2, 2023
Asset Management, Professional Services, Finance, Bank, Policy, DMB, BNY, Fund, NAV, BNY Mellon Investment Management, BK, NYSE, BNY Mellon, Newsroom, Security (finance)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on July 3, 2023 to shareholders of record at the close of business on June 20, 2023.

Key Points: 
  • BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on July 3, 2023 to shareholders of record at the close of business on June 20, 2023.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.9 trillion in assets under management as of March 31, 2023.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $46.6 trillion in assets under custody and/or administration as of March 31, 2023.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Retrieved on: 
Tuesday, May 30, 2023
Asset Management, Professional Services, Finance, Bank, BNY, Fund, NAV, BNY Mellon Investment Management, BK, NYSE, BNY Mellon, Newsroom, Security (finance)

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.9 trillion in assets under management as of March 31, 2023.
  • Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from seven investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $46.6 trillion in assets under custody and/or administration as of March 31, 2023.

Perficient and BNY Mellon to Discuss Data Management and Governance at North American Financial Information Summit

Retrieved on: 
Tuesday, May 16, 2023
Professional Services, Technology, Finance, Software, Consulting, Internet, Data management, BNY, Mellon, BNY Mellon, NAFIS, Cryptocurrency, Perficient

Perficient, Inc. (Nasdaq: PRFT) (“Perficient”), the leading global digital consultancy transforming the world’s largest enterprises and biggest brands, today announced it will present alongside BNY Mellon at the North American Financial Information Summit (NAFIS), taking place on Tuesday, May 16, in New York City.

Key Points: 
  • Perficient, Inc. (Nasdaq: PRFT) (“Perficient”), the leading global digital consultancy transforming the world’s largest enterprises and biggest brands, today announced it will present alongside BNY Mellon at the North American Financial Information Summit (NAFIS), taking place on Tuesday, May 16, in New York City.
  • Many financial services organizations struggle to get a thorough view of data due to incompatible and decentralized systems.
  • Perficient has been collaborating with BNY Mellon to realize the promise of modern data management through a unified data lake, strong governance, and effective data mastering.
  • Representatives from BNY Mellon and Perficient will deliver the presentation “The Road to Maximizing Operational Efficiency Through Enterprise Management and Governance” on Tuesday, May 16, on the NAFIS main stage.

International Wealth Management Firm Insigneo Incorporates Alfredo Maldonado to Lead Its Expansion in New York City

Retrieved on: 
Monday, May 15, 2023
Finance, Banking, Accounting, Professional Services, Asset Management, Madison Avenue, Knowledge, BNY, 41st Street, Multimedia, Culture, Drug, Financial services

Insigneo, a leading global wealth management firm, is delighted to announce the appointment of Alfredo Maldonado as Managing Director and Market Head for New York and the US Northeast Region.

Key Points: 
  • Insigneo, a leading global wealth management firm, is delighted to announce the appointment of Alfredo Maldonado as Managing Director and Market Head for New York and the US Northeast Region.
  • New York is an important hub for the firm to continue its expansion plans while providing an integrated platform for Investment Professionals and their clients globally.
  • Mr. Maldonado brings 25 years of international wealth management experience, having worked in New York, California, and Florida, expanding his network and knowledge across these regions.
  • Insigneo is a leading international wealth management firm providing services and technologies that empower investment professionals to successfully serve their clients globally.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution and Announces Reduction in Monthly Distribution Amount

Retrieved on: 
Thursday, May 11, 2023
Professional Services, Finance, Indian stock exchange, BNY Mellon Investment Management, BNY Mellon, Finance Secretary (India), Policy, Tax, NAV, Newsroom, Mutual fund, DCF, The Original, Originality, Bank, BNY, Fund, BK, NYSE, Common, Life insurance, Security (finance)

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) today announced a monthly cash distribution of $0.035 per share of common stock, payable on June 26, 2023, to shareholders of record at the close of business on June 9, 2023.

Key Points: 
  • BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) today announced a monthly cash distribution of $0.035 per share of common stock, payable on June 26, 2023, to shareholders of record at the close of business on June 9, 2023.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world's largest asset managers, with $1.9 trillion in assets under management as of March 31, 2023.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $46.6 trillion in assets under custody and/or administration as of March 31, 2023.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Retrieved on: 
Tuesday, May 2, 2023
Professional Services, Asset Management, Bank, Policy, DMB, BNY, Fund, NAV, BNY Mellon Investment Management, BK, NYSE, BNY Mellon, Newsroom, Security (finance)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on June 1, 2023 to shareholders of record at the close of business on May 17, 2023.

Key Points: 
  • BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0400 per share of common stock, payable on June 1, 2023 to shareholders of record at the close of business on May 17, 2023.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.9 trillion in assets under management as of March 31, 2023.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $46.6 trillion in assets under custody and/or administration as of March 31, 2023.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Retrieved on: 
Thursday, April 27, 2023
Banking, Professional Services, Finance, Bank, BNY, Fund, NAV, BNY Mellon Investment Management, BK, NYSE, BNY Mellon, Newsroom, Security (finance)

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $1.9 trillion in assets under management as of March 31, 2023.
  • Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from seven investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $46.6 trillion in assets under custody and/or administration as of March 31, 2023.