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BROKER-DEALER SERVICESBroker-DealerClearance (BDC)Powering a platform for securitiessettlement servicesThe Broker-Dealer Clearance (BDC) platform was createdwith the knowledge that a client-centric technologyexperience is the best tool to generate optimizedperformance for all parties. From reporting enhancementsto a customizable portal, BNY Mellon built BDC withbehind-the-scenes power and data-driven insights.NEXENSM is BNY Mellon’s nextgeneration technology platform thatconsolidates BNY Mellon’s servicesand third-party and client solutionsinto a single, intuitive and powerfulplatform. NEXEN delivers a consistentclient experience for BNY Mellontechnology, regardless of product,service or region.BDC was natively built to segregate its functionality into concrete services.Clients can use these exposed services by accessing them through theNEXEN API store to close functional gaps and streamline processes: Monitor intraday for liquidity, credit-usage, and asset holdings Tools to assist in complying with regulatory mandates (e.g., IHC,BASEL, FRB regulation, BCBS 239) Automate remedial manual tasks and better integrate withfirm’s internal operational and reporting systems Access to alternate communication links
Seamlessly connect to the BDC API via the BNY MellonNEXENSM Platform:By seamlessly integrating your system with BNY Mellon’s clearanceservices API, you gain real-time, a la carte access to automatedfunctionality, robust data analytics, and detailed system documentation.The BDC API allows your technology team to capture the underlying datato automate a given action without manual intervention.BNY Mellon is committed to investingin the future. Work with us to helpenhance your portfolio’s performance.For more information about BDCand the NEXEN API Store, contactyour Relationship Manager orBDS.Product.Mgmt@bnymellon.comOne commonly used screen is the Projected-Position (PROJ) which showsa blended view of currently held assets within the clearance and repo-boxalong with expected receive and delivery obligations, and the CASH screen.Another is the CASH screen, which provides a cash-based view acrossvarious categories such as asset-servicing, billing, funds, tri-party, andincludes the current total available NFE across both clearance andtri-party repo activity.RELIABLE, FLEXIBLE, AND SECURE Makes calls every minute, or as required Delivers autonomous control to determine how the data set isreturned to your platform Leverages OAuth authentication BDC API (JSON) with mutualSSL certificates, and principle based authorizationNEXEN API r more information, please contact BNY Mellon’s Broker-Dealer Services at:BDS.Product.Mgmt@bnymellon.comBNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used asa generic term to reference the Corporation as a whole or its various subsidiaries generally. Products andservices may be provided under various brand names and in various countries by subsidiaries, affiliates,and joint ventures of The Bank of New York Mellon Corporation where authorized and regulated as requiredwithin each jurisdiction. Not all products and services are offered at all locations.The material contained in this brochure, which may be considered advertising, is for general informationand reference purposes only and is not intended to provide legal, tax, accounting, investment, financial orother professional advice on any matter, and is not to be used as such.This brochure, and the statements contained herein, are not an offer or solicitation to buy or sell anyproducts (including financial products) or services or to participate in any particular strategy mentionedand should not be construed as such. 2017 The Bank of New York Mellon Corporation.BROKER-DEALER SERVICES11/2017
BROKER-DEALER SERVICESEnterprise ContinuousPortfolio Optimization(eCPO)ADAPT WITH EASE TO THE CHANGINGREGULATORY FRAMEWORKLeverage mathematical algorithms that enablegranular management of asset allocation toexisting and future liabilities to help reducefunding costs associated with importantregulatory mandates, including: Liquidity Coverage Ratio (LCR) Net Stable Funding Ratio (NSFR) Comprehensive Capital Analysis andReview (CCAR)EASILY INTEGRATE WITH RELIABLEAPI-DRIVEN TECHNOLOGY Integrate open-architecture eCPO servicesacross disparate business applicationswithin your organization Execute standard multi-objective functionsand configure bespoke objectives thatinfluence the target state portfolio at theasset source / liability level Leverage industry-leading collateralprioritization schedules or input your owncost model to assign the asset source orliability levelThe Next Generation Collateral OptimizationTechnology Helps Efficiently Allocate EligibleCollateral to TradesIn today’s financial markets, the shift from cash to non-cashcollateral will only quicken. Demands and risks around collateralaggregation and allocation are increasing. New regulation createsincentives for more efficient liquidity, balance sheet managementand collateral finance decision making.BNY Mellon developed Enterprise Continuous PortfolioOptimization (eCPO) to offer a more efficient and configurablemethod of allocating collateral to trades by using mathematicalalgorithms, client-defined inventory data, bespoke cost modelsand BNY Mellon security reference data.OPTIMIZE FUNDING EFFICIENCY WITH eCPOBNY Mellon’s eCPO platform offers financial service providers enhancedcapabilities to help minimize costs across different funding products andlegal entities globally. The platform’s powerful algorithms assist clients withallocating collateral more efficiently to meet their business objectives andregulatory capital ratios.PERFORMANCE AND RESILIENCYeCPO is an open-architecture, API-driven platform that is scalable both verticallyand horizontally for increased performance. BNY Mellon’s core optimizationmodels and codes have been tested for over three years in a highly complex,global market: Operates with an average daily turnover of 1.8T in assets1 Runs on a BNY Mellon platform that has achieved 99.9% up time1 Processes extremely complex target portfolios with balances in excess of 100B in less than seven minutes11BROKER-DEALER SERVICESInternal 1Q17 system testing results per BNY Mellon’s Broker-Dealer Services.
ECPO // USNEXENSM is BNY Mellon’s next generationtechnology platform that consolidates BNYMellon’s services and third-party and clientsolutions into a single, intuitive and powerfulplatform. NEXEN delivers a consistent clientexperience for BNY Mellon technology,regardless of product, service or region.BNY Mellon is committed to investing in thefuture. Work with us to help enhance yourportfolio’s performance.For more information contact yourRelationship Manager orBDS.Product.Mgmt@bnymellon.comSeamlessly connect to eCPO via the BNY Mellon NEXENSM Platform: Retrieve assets and liabilities from AccessEdge , BNY Mellon’s collateralmanagement platform Leverage eCPO to calculate eligibility criteria and assign collateral costsacross funding trades Aggregate portfolio data and submit to BNY Mellon’s centralized optimizationservice that processes location-agnostic assets and liabilities to rebalanceexisting collateral portfolios or project future portfolios Operationalize eCPO’s portfolio allocation for BNY Mellon’s Tri-Party tradesusing our real-time settlement serviceNEXEN API Storehttps://apistore.bnymellon.com The sample code to call the API (JSON) is available upon request Industry Standard OAuth 2.0 Authentication is required to access eCPOservices via the API Gatewaybnymellon.comFor more information, please contact BNY Mellon’s Broker-Dealer Services at:BDS.Product.Mgmt@bnymellon.comBNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used asa generic term to reference the Corporation as a whole or its various subsidiaries generally. Products andservices may be provided under various brand names and in various countries by subsidiaries, affiliates,and joint ventures of The Bank of New York Mellon Corporation where authorized and regulated as requiredwithin each jurisdiction. Not all products and services are offered at all locations.The material contained in this brochure, which may be considered advertising, is for general information andreference purposes only and is not intended to provide legal, tax, accounting, investment, financial or otherprofessional advice on any matter, and is not to be used as such.This brochure, and the statements contained herein, are not an offer or solicitation to buy or sell any products(including financial products) or services or to participate in any particular strategy mentioned and shouldnot be construed as such.BROKER-DEALER SERVICES 2017 The Bank of New York Mellon Corporation.9/2017
BNY Mellon Fixed IncomeOffering a Full Suite of Cash Investment Products for Use by Cash ManagersYour Liquidity Needs Our Credit and Investment Experience Customized Investment SolutionsWe offer sophisticated institutionalinvestors a wide range of short-term cashinvestment solutions — scalable andnimble enough to meet most client needs.Our experienced team is ready to answerany questions you may have.DomesticMoney MarketMutual FundsOffshoreMoney FundsUltra ShortIncome FundsBNY MELLONFIXED INCOMESOLUTIONSInsuredNetworkDeposits ProgramPrivate Funds:Domestic andOffshoreSub-Advisory* Insured Network Deposits Program does not involveinvestment in a money market mutual fund. Moneymarket mutual funds are not FDIC-insured and involverisk of principal loss.** Offshore Funds are not available to U.S. Persons(as described in the Prospectus) and may only beoffered and sold in accordance with Regulation Sunder the Securities Act of 1933 by authorized entities.n Dreyfus’ domestic money market mutual funds have been meeting the cashneeds of institutional and retail customers dating back to 1976. We offermore than 20 domestic money market mutual funds for asset-managementaccount use, with multiple share classes and expense structures, to supportasset management account services for your customers. Dreyfus’ moneymarket funds are available in all major asset categories, including generalpurpose (prime), treasury, U.S. government, national and state-specificmunicipals, and AMT-free municipals.n Ultra short income funds are variable net asset mutual funds whichare designed to provide a high degree of share price stability whileseeking to generate higher returns than money market funds over time.These funds typically invest in a broad range of U.S. dollar-denominateddebt securities, including money market instruments, and will seekto maintain a dollar-weighted average portfolio maturity of 120 daysor less. Ultra short income funds may be an investment alternative tomoney market funds and other short-term fixed income products.n Private funds are the sale of securities to a limited number of investors whoare Accredited and Qualified Purchasers. Domestic and offshore fundsrely on the section 3c-7 exemption. Therefore these funds are exempt fromregistration under the Investment Company Act of 1940, as amended. Thesefunds constitute a private offering made in compliance with Regulation D.n Dreyfus’ sub-advisory capabilities are highly customizable and leverage oursophisticated portfolio/credit/risk management, fund administration andcompliance infrastructure. Whether you are looking for an advisor to manageyour own fund or looking to outsource all your money market operations,Dreyfus may have all of the resources and expertise to meet your needs.n Insured Network Deposits Program provides financial institutions with accessto a multi-bank deposit sweep service providing FDIC insurance on cashbalances up to 2.5 million. Interest rates based on linked brokerage accounts.*n Offshore money funds are UCITS-compliant and are designed for non-U.S.persons who desire professional active management of their liquid assets.**For Use with Institutional Investors Only. Not for Use with the General Public.
BNY Mellon Fixed Income SolutionsBuilding Blocks for Cash ManagementSophisticated institutional investors are acutely aware of the pressure on current yields andreturns on short-term investments. BNY Mellon Fixed Income Solutions offers a diverseset of products that may improve income and/or return potential across the spectrum ofavailable cash pools — and with a lower risk profile than might be expected.By creating an account plan using a “tiered” investment strategy as illustrated in the tablebelow, BNY Mellon Fixed Income Solutions will work with your organization to help breakdown your inventory of cash into building blocks that may provide the necessary liquidityand income for your overall portfolio.TIER 1Operating CashPrivate Funds:Domestic and Offshore3TIER 2Core CashUltra ShortIncome FundsOffshore MoneyMarket Funds1,2Domestic Money MarketMutual Funds2RISKInsured NetworkDeposits ProgramD U R AT I O N / R E T U R N1 ffshore Money Funds are not available to U.S. Persons (as described in the Prospectus) and may only be offered and sold in accordance with Regulation SOunder the Securities Act of 1933 by authorized entities.2 Available as a sub-advisory relationship.3 rivate funds are not registered under the Investment Company Act of 1940, as amended, and interests in Private Funds are not registered under the SecuritiesPAct of 1933. Interests in Private Funds may only offered to Accredited Investors and Qualified Purchasers.For Use with Institutional Investors Only. Not for Use with the General Public.
BNY MellonFixed Income Solutions ComparisonsGeneral FeaturesDomesticand OffshoreMoney MarketMutual FundsUltra ShortIncome FundsDomesticand OffshorePrivate FundsSub-AdvisoryFDIC InsuredDeposit ProgramObjectiveSeeks to provideshareholders with highcurrent income to theextent consistent withcapital preservationand the maintenanceof liquiditySeeks high currentincome consistentwith the maintenanceof liquidity and lowvolatility of principal.Seeks to obtain ahigh level of currentincome to the extentconsistent with thepreservation of capitaland the maintenanceof liquidityProvide shareholderswith high currentincome to the extentconsistent with capitalpreservation andthe maintenanceof liquidityMulti-bank depositprogram that providesFDIC insurancecoverage up to 2.5million per accountTypical InitialInvestment Minimum 10 million 10 million 50 million 200 millionper mandateFor intermediaries,the anticipatedminimum of 1 billionFeesSpecified in theprospectusSpecified in theprospectusSpecified in theInformation BrochureNegotiableNegotiable dependingon the size of theprogramPortfolioCustomizationNoNoNoYes; customizablewithin the parametersof Rule 2a-7NoLiquidityDaily (business day)Trade date 3 via DTC;Trade date 1 direct byphone or LION InternetDaily (business day)Daily (business day)Daily (business day)Net Asset tAmortized costor market valuedepending on productthat is sub-advisedN/ASecurity OwnershipBeneficial ownershipof fund sharesBeneficial ownershipof fund sharesPartnershipBeneficial ownershipof fund sharesNone; product is a bankdeposit, not a securityReporting/Due DiligenceMonthly statementsand performancefact sheets; access toclient service; daily andmonthly transparencyof fund holdingsMonthly statements,performance factsheets and monthlyfund holdingsMonthly statements;access to client service;daily and monthlytransparency of fundholdingsMonthly appraisal andstress test reports;quarterly portfolioattribution, summaryand country of riskreports / Annualcontract renewalReporting done throughbroker statementsFor Use with Institutional Investors Only. Not for Use with the General Public.
Learn moreFor further information, please contact your BNY Mellon Fixed Income representative.RisksAll Investments involve risk including loss of principal. Certain investments involve greater or unique risks that should be considered alongwith the objectives, fees, and expenses before investing. Bonds are subject to interest-rate, credit, liquidity, call and market risks, to varyingdegrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can causeprice declines. Ultra short bond funds are not money market funds and therefore are not subject to the maturity, quality, liquidity anddiversification requirements applicable to money market funds. Short-term bond funds do not attempt to maintain a stable NAV and aresubject to greater risk than money market funds. There are also substantial differences in the objectives and investment limitations betweenmoney market funds and other investments found in ultra short bond funds.Private funds are not registered under the Investment Company Act of 1940, as amended, and interests in Private Funds are not registeredunder the Securities Act of 1933. Interests in Private Funds may only be offered to Accredited Investors and Qualified Purchasers. Thepresentation shall not constitute an offer to sell or the solicitation of any offer to buy interests, which may only be made at the time a qualifiedofferee receives a confidential offering memorandum describing the offering and related subscription agreement.BNY Mellon Fixed Income provides institutional investors and intermediaries with a variety of domestic and offshore money funds managed byBNY Mellon Cash Investment Strategies, a division of The Dreyfus Corporation (Dreyfus). Securities are offered by MBSC Securities Corporation(MBSC), a registered broker dealer, through its BNY Mellon Fixed Income Division. Bank collective funds are offered by The Bank of New YorkMellon. MBSC, Dreyfus and The Bank of New York Mellon are wholly owned subsidiaries of BNY Mellon. BNY Mellon Investment Managementcollectively encompasses BNY Mellon’s affiliated investment management firms, wealth management services and global distributioncompanies. BNY Mellon is the corporate brand for The Bank of New York Mellon Corporation.This material has been distributed for informational purposes only and should not be considered investment advice or a recommendationof any particular investment, strategy, investment manager or account arrangement. Information contained herein has been obtainedfrom sources believed to be reliable, but not guaranteed. Please consult a legal, tax or investment advisor in order to determine whether aninvestment product or service is appropriate for a particular situation. No part of this material may be reproduced in any form, or referred toin any other publication, without express written permission. The Dreyfus Corporation and MBSC Securities Corporation are companies ofBNY Mellon. 2017 MBSC Securities Corporation, distributor, 225 Liberty Street, 19th Floor, New York, NY 10281.For Use with Institutional Investors Only. Not for Use with the General Public.CIS-2017-05-16-0159BNYMFS-HO-0517A
Have It Your Way: Why Tech Integration IsCritical to an Optimal Advisor ExperienceDisparate systems that don’t communicate do little for advisor productivity. This leadsto inefficiencies and missed opportunities. Recent (and major) advances in technologyintegration solve this—meaning faster firm growth, better efficiencies and lower costs,while creating the experience advisors want.Tech integration is all the rage—and for good reason.Discussed for well over a decade in wealth managementand advisory circles, interconnected technology and theadvanced capabilities it brings are finally here. No longerabout having to conform to a given solution, it’s nowquite the opposite. There are more choices in integratedcustomization that cater to a particular advisory firm’sculture, specialization and skillset.Simply, it means advisors can choose to showcase theclient experience they want—one that best represents theirexpertise, as well as that of their firm.Defined as automatically observing, populating andmanipulating data and individual client information acrossmultiple applications, integration’s timing couldn’t be better.Indeed, operational efficiencies in the back office currentlytop the list of advisor challenges in the near term.It’s easy to see why. The biggest trends within wealthmanagement involve pressure on fees from new competitionand products. There also are increased regulatory andcompliance costs (notably in the form of ongoing uncertaintyover implementation of the Department of Labor’s Conflict ofInterest Rule), the coming-of-age of younger, digitally-savvycohorts and slowing AUM growth.Taken together, these trends are at least partly responsible forthe recent reduction in pre-tax advisory firm profit marginsfrom 32.8 percent to 27.6 percent over a two-year period.1It means peak efficiency is increasingly critical to advisoryfirm success, with little room for error and waste. It’s alsoan area where technology and integration play a key role. Sowhy don’t more financial professionals take advantage?2The potential for short-term business disruptions leads toentrenched thinking, a bias in favor of legacy systems anda reluctance to innovate. Too many technology upgradesare only slightly better versions of existing platforms,“resulting in arbitrary, disconnected digital silos,” that failto effectively communicate with one another or maximizetheir capabilities.3In other words, the proverbial right hand knows nothing ofthe left, leading to redundant (and often manual) processes,higher costs and greater inefficiencies due to an inability toproperly scale.Yet the benefits of incorporating/integrating wealthmanagement technology are readily apparent. More than90 percent of advisors that properly did so increased theirassets under management over a 12-month period. Morethan a third of their practices grew by at least 10 percent.They also experienced higher growth in revenue within thesame period. Of those surveyed, over 70 percent increasedrevenue by 5 percent or more with 38 percent of practicesreporting revenue increases of 10 percent or more.4These increased back-office efficiencies via technologyintegration mean more time and attention for front office,client-facing, revenue generating activities. It also resultsin a better ROI from resources spent than what would begained from each application individually.While wealth management technology needs vary tosome extent, the list of core services typically includescustomer relationship management, financial planning,portfolio accounting, trading, rebalancing, reporting, clientportals and client onboarding. A major challenge for wealth1 “Wealth Management Priorities in 2017.” CEBglobal.com. January 2017.2“The Benefits of Integrated Client-Facing and Marketing Technology.” Wealthmanagement.com. June 30, 2017.3 “Global Wealth 2017: Transforming the Client Experience.” BCG.com. June 13, 2017.4“The Emerging Digital Advisor.” Pershing.com. March 28, 2016.
Client experienceCliententation/egmt s izationnie stomcuCollaboration across the firmIntegrated solutions means anytime, anywhere access totools and resources by authorized individuals across the firmAggregatioinforma n otio fnDevelop deeper, more customized and collaborativeadvisor/client relationships using integratedtechnology platformsCollaborathe tiofirsrosacmClient segmantation/customizationcerienpeexnAdvisors can structure client experience to fit with theirunique value proposition and competitive edgeTechnicalIntegrationAggregation of informationAnswer real-time questions from clients throughon-demand data retrievalAdministrative resource managementRedundant and repetitive processes areeliminated—resulting in lower costs and greater efficiencyClistrative resourcminAd management emanagement firms is that, to perform efficiently, “workflowsand reporting must be created across these systemsthat are based on seamless data integration,” hence theintegrated platform.5improves efficiency and addresses less readily apparent, butequally important, issues like succession planning withinorganizations, leading to stronger client engagement and amore complete customer experience.However, once addressed, five advantages (amongmany) immediately stand out:4. Aggregation of information—Answer real time questionsfrom clients through on-demand data retrieval. Thebenefits of big data, which is extracting meaningful andactionable intelligence from ever-increasing quantities ofavailable information, are widely noted, as are those of itsyounger sibling, behavior analytics. The former aggregatesinformation across broad and seemingly disparate clientdemographic groups. The latter uses advanced applicationsto interpret patterns and trends to inform advisors of pastbehavior and potential future needs. Both address clientwants, needs and wishes in a more proactive and organizedfashion, and act as competitive advisor advantage.1. Client experience—Advisors can structure the experiencethey want clients to have in a manner that best fits withtheir unique value proposition and competitive edge. Fromprospecting, to onboarding, to meetings, monitoring andtouchpoints, advisors can put their best technological footforward to ensure sustained revenue growth and profitabilitythrough the peak efficiency integration provides.2. Increased efficiency/productivity—Integrated technologymeans (conceptually) better scale, better efficiencies and,therefore, fewer employees. Redundant processes areeliminated, leading to lower operational costs. Resourcesdedicated to trading, rebalancing and other algorithmicbased undertakings are reassigned to client-facingactivities. The placement of automated and integratedsafeguards, particularly with compliance, diminishes thelikelihood of human-induced error and the possibility ofregulatory sanction and litigation that result. Finally, the riseof “digital assistants” helps advisors process administrativetasks, profile prospects and segment clients.3. Collaboration across the firm—Tap into the firm’sbest thinking through collaboration tools. The nature ofintegrated solutions means they can be accessed “anywhere,anytime” by authorized individuals within the firm, includingmembers of different teams, administrative personnel andexecutive leadership. This is especially true with cloudbased technology. Levels of access to the client accountcan be assigned based on the employee’s role, job functionand work requirements. It enables better collaborationand communication among advisors and keeps the entireteam updated on important client information. It also5. Client segmentation/customization—More informationfrom multiple sources means more holistic and targetedclient-research and marketing efforts, and more customizedsolutions and strategies to address specific investor needs.Develop deeper, richer and more collaborative advisor/clientrelationships that naturally result from the use of integratedtechnology platforms.Ultimately, tech integration means advisors can have it theirway—technology solutions that are customized, connected,smart, and simple for advisors and clients alike, resulting ina better experience, engagement and outcomes for all.5 “Three Major Changes Taking Place in Wealth Management Technology.”InvestmentNews.com. Sept. 23, 2014. 2018 Pershing LLC. Pershing LLC, member FINRA, NYSE, SIPC,is a wholly owned subsidiary of The Bank of New York MellonCorporation (BNY Mellon). Trademark(s) belong to their respectiveowners. For professional use only. Not for distribution to the public.pershing.comOne Pershing Plaza, Jersey City, NJ 07399OVR-PER-TI-1-18
SUBACCOUNTINGSOLUTIONSINSIGHTS FOR A CHANGINGWORLDWe help you understand the market andtranslate these insights into solutions thatcan sharpen your competitive posture.–Broker-dealers and the funds theydistribute need ways to increasetransparency and share information inorder to achieve growth–The increased use of financialintermediaries by mutual fund owninghouseholds creates a need for a moreholistic view of assets–Intermediaries’ increased usage ofadvice-based products creates theneed for more complex asset allocationand rebalancing logicIN TODAY’S FINANCIAL MARKET, SUBACCOUNTINGHAS BECOME THE PREFERRED METHOD OFCLEARING TRADES IN FUND ACCOUNTS ANDFINANCIAL FIRMS ARE LOOKING FOR FLEXIBLE,COST EFFECTIVE SOLUTIONS FOR OMNIBUSRECORDKEEPING.BNY Mellon’s subaccounting servicesprovide exactly this clearing andrecordkeeping solution for any financialfirm looking to aggregate customer tradesand accounts in mutual funds into single ormultiple omnibus accounts. Financialfirms using our solution can apply it, inwhole or in part, across managementcompanies for the proprietary and/ornonproprietary funds that the firmsdistribute.Supported by our flexible and costeffective technology, our subaccountingservices, along with our asset allocationand wrap program services, offer acomplete solution for the subaccountrecordkeeping and tradeclearing/settlement to service retailinvestments, fund supermarkets, wrapaccounts, health savings accounts, 529Plans, omnibus processing, offshorefunds, and direct-at-fund. Our opentechnology enables the client to accessASSET SERVICINGmultiple fund families via a single masteraccount of client records.TURNING OUR INSIGHTS INTOACTIONSAs the first and largest provider ofsubaccounting solutions to the industry, weconstantly seek out new opportunities toenhance our offerings to help you succeed.We are committed to addressing the uniquechallenges financial firms face in today’smarketplace and to supporting industrygrowth. This commitment has led us toexpand our subaccounting offering beyondtraditional mutual funds to 529 Plans,exchange traded funds and offshore mutualfunds. Expanding our capabilities to agreater product set helps you realize evenmore processing efficiencies and enhanceddistribution opportunities.
2 // SUBACCOUNTINGBENEFIT FROM OUR INDUSTRYINSIGHT AND EX
Broker-Dealer Clearance (BDC) The Broker-Dealer Clearance (BDC) platform was created with the knowledge that a client-centric technology experience is the best tool to generate optimized performance for all parties. From reporting enhancements to a customizable portal, BNY Mellon built BDC with behind-the-scenes power and data-driven insights.
