BNY Mellon has successfully on-boarded Liontrust Asset Management as the first end-to-end client on its new Investment Operations platform. The new open architecture platform will improve automation and integration capabilities, and offer enhanced data management and control capabilities to institutional asset managers. 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 our institutional asset management client base.
The new Investment Operations platform provides best-in-class, modular data capabilities to give clients greater operational transparency and flexible integration to outsource services and operations. Clients can utilise 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 enable asset managers to make better informed investment decisions while managing risk, improving efficiencies and reducing costs.
“It has been great working with Liontrust to on-board the company as the first end-to-end user of our new platform,” says Peter Keaveney, Global Head of Investment Operations at BNY Mellon. “This is an exciting milestone as we move forward in bringing all of our Investment Operations clients onto our highly efficient, scalable operating model and technology platform. Our solution simplifies complexity and is designed to reduce operational risk – from system integration and trade support to new product launches and distribution across geographies – so clients can focus on their core competency of managing investments.”
Vinay Abrol, Chief Operating Officer and Chief Financial Officer of Liontrust Asset Management Plc, says: “Our continued success and growth will be aided by efficient, dependable and flexible operations. 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. We look forward to continuing to work with the BNY Mellon team in the future.”