} The portal can conform to your brand standards to provide your shareholders with a holistic branded experience. Additional information is available on www.bnymellon.com. Our suite of APIs provide instant access to your Transfer Agency and Subaccounting data: To support the online inquiry and transaction needs of your investors, Active Investor delivers a secure, user friendly portal that can be easily integrated into your existing service model. However, base salary if hired will be determined on an . needs. Resiliency. } DECEMBER 2022 Time for a Reset of the Crypto Opportunity CEO Robin Vince advocates for a smart regulatory framework to unite the traditional and digital asset systems. traditional assets. BNY Mellons new NAV offerings, which are platform and provider agnostic, set a new industry standard for clients with three key features: Clients will benefit from enhanced controls and more efficient NAV reviews, while ensuring contingent NAV production across all asset classes in a single-provider or multiple-provider operating model. For Support, Call (800) 880-5631 Sign up for E-Delivery! Transparency will remain a constant theme with our management team, and we intend to bring all stakeholders along on our transformation journey with regular updates demonstrating our progress and frank assessments of the work that remains. 4As of December 31, 2022. In these uncertain times, supply chain finance and digital networks are providing clients with much-needed support. Offering a holistic view of traditional and digital For example, we have multiple custody, loan and deposit platforms, and we operate numerous different call centers. Are paper checks on their last legs? Uplifting historically underserved communities and finding opportunities for collaboration with specialized market players benefits the long-term health of our company and the broader society around us. In Wealth Management, investment performance also remained solid, and the business acquired more clients, particularly with ultra-high-net-worth and family-office segments, while continuing to deepen existing relationships through our expanded banking offering. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. resilient platform with custody as the foundation for Recognizing that more work remains for us as a management team, I believe we are on solid footing to begin our next chapter. Our digital solutions deliver tools that can help you improve investor satisfaction, strengthen investor confidence and enhance your distribution efforts. The sharp move upward in interest rates this past year impacted our ability to return capital through common stock buybacks, but we ended 2022 in a position of capital and liquidity strength. In the months ahead, we intend to share more about collaborations like this that bring our suite of services to communities far removed from major centers of capital, doing our part to democratize quality financial services to an increasing number of market participants. It is the world's largest custodian bank and securities services company, with $1.8 trillion in assets under management and $44 . Just one year after launching Pershing X, our proprietary advisory solution that aims to transform the marketplace, we released a preliminary version to select clients. Revenues were up 11% in 2022, with all three businesses growing at 10%-plus. developed this research. Overwhelmingly, institutional investors are looking for This report was commissioned by BNY Mellon, at whose request Celent While BNY Mellon has a robust set of procedures and defense reporting to help prevent fraud, automation through technology is essential. We have a highly engaged Board supporting us and appropriately challenging our strategy, plans and execution. "With Digital Asset Custody, we continue our journey of trust and innovation into the evolving digital assets space, while embracing leading technology and collaborating with fintechs," said Roman Regelman, CEO of Securities Services & Digital at BNY Mellon. UPS taps BNY Mellon as custodian for 401 (k) plan Rob Kozlowski Tweet Share Share Email Reprints United Parcel Service Inc., Atlanta, hired Bank of New York Mellon as custodian and trustee of. In these uncertain times, supply chain finance and digital networks are providing clients with much-needed support. and integrate seamlessly with traditional assets. For additional information, please visit BNY Mellon's website. Click here to sign up now, it's free! Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. Global supply chains have faced significant challenges in recent years. traditional assets. Additional information is available onwww.bnymellon.com. These new services are designed to drive greater transparency, efficiency an en nl Search: Search As a result, revenues declined by 12% and the business essentially broke even with a pre-tax margin of 1%, though it was 24% after adjusting for notable items, primarily a goodwill impairment.1 Email us at bnyhelpline@willistowerswatson.com. | PROD master. We aim to offer end-to-end servicing capabilities for +1 212 635 1378 We recently initiated an equity grant program called BK Shares so that almost all employees now own BNY Mellon stock, helping align the firm with our vision. Today, our Digital Asset Custody platform bridges digital and paul.patella@bnymellon.com, 2023 THE BANK OF NEW YORK MELLON CORPORATION, Governments, Sovereigns & Not-For-Profits. Like other large institutions, we have certain legacy processes and redundant systems overdue for a refresh. 10Pensions & Investments, June 6, 2022. A recent surveysponsored by BNY Mellon highlights already significant institutional demand for a resilient, scalable financial infrastructure built to accommodate both traditional and digital assets. Our Market and Wealth Services segment includes our industry-leading Pershing and Clearance and Collateral Management businesses, and our scaled Treasury Services business. Click to watch a brief video on benefits and enrollment. Although we were pleased with our revenue momentum, our pre-tax margin of 21% for this business in 2022 remains too low for some of the reasons mentioned above. Many financial solutions. For these reasons, we have invested significantly in our infrastructure to provide a strong foundation from a security, resiliency and scalability perspective, enabling us to provide continuity of service to clients through the COVID-19 pandemic and the extraordinary moves we saw more recently with several government debt markets and volume surges. Find out the answers to these, and other pressing questions, in our exclusive report with Aite-Novarica. bnymellonpension.bdigitalsuite.com is a subdomain of the bdigitalsuite.com domain name delegated below the generic top-level domain .com. In addition, resilience is essential to who we are. 3Average for the quarter ended December 31, 2022. Additionally, 41% of institutional investors hold cryptocurrency in their portfolio today, with an additional 15% planning to hold digital assets in their portfolios within the next two to five years. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital. 487,823 followers. As of Sept. 30, 2019, BNY Mellon had $35.8 trillion in assets under custody and/or administration, and $1.9 trillion in assets under management. journey, we aim to develop an entire suite of digital asset Ranked #1 based on market share sourced from BNY Mellon internal analysis. Leveraging multi-party computation (MPC) technology that VIEW MAP SAN FRANCISCO. 1As of December 31, 2022. If CIBC Mellonadministers your pension payments on behalf of an employer, you may contact us at 1-800-565-0479 between 8:30 a.m. From Treasury Services to Clearance and Collateral Management to Pershing, we can export our industry-leading positions and global capabilities to communities around the world through strategic alliances with other financial firms. Additional Logins Asset Servicing AdvisorCentral ClearSky Data and Analytics Solutions (including Eagle Products) Document Solutions Corporate Trust Investor Reporting Money Market Manager Investment Management Dreyfus Together, we expect these actions will provide us with ample flexibility as we move through 2023 to adjust to changing market and interest rate conditions, and to return a healthy amount of capital to our shareholders this year. Are paper checks on their last legs? accelerating your strategic initiatives and evolving your operational and security needs of digital assets. On a reported basis, revenue grew by 1%, and pre-tax income was flat. A press release from BNY Mellon noted that "BNY Mellon will collaborate closely with Pure Digital and the other banks to help establish a new front-to-back office solution for transacting digital assets. At the Intersection of Trust and Innovation Today, our Digital Asset Custody platform bridges digital and traditional assets. Delivered through integrated and compatible technology, our digital solutions are designed to complement your operational and growth strategies. Find out the answers to these, and other pressing questions, in our exclusive report with Aite-Novarica. Pain points with their digital asset custodians that survey respondents noted: Governments, Sovereigns & Not-For-Profits, Consolidated view and management of traditional 2As of December 31, 2022. BNY Mellon Wealth Online Login Welcome! Recognizing opportunities to digitize and automate, we launched an initiative in 2022 through which we solicited more than 1,500 ideas from those who see items ripe for improvement most clearly and closely our people. Are paper checks on their last legs? Is bnymellonpension.bdigitalsuite.com down today? Find out the answers to these, and other pressing questions, in our exclusive report with Aite-Novarica. To focus more on product development and revenue generation, many asset managers are outsourcing some back-office and middle-office functions. In this segment, pre-tax income improved by 10%, and pre-tax margin remained a healthy 44%. For non-BNY Mellon users, please contact GCAS Help Desk to reset password. Over the course of the year, we returned $1.3 billion of capital to shareholders, primarily through our quarterly cash dividends on common stock, which we increased by 9%, to $0.37 per share beginning in the third quarter. We have identified and begun shifting investment toward calculated growth opportunities while simultaneously continuing to invest in capabilities that support our resilience. Based on CHIPS volumes for the year ended December 31, 2022. As a female international student who's never been to the U.S. before, I made sure to choose a firm that prioritizes diversity, inclusion, and work/life balance. Growth benefited from lower money market fee waivers and we drove incremental business with new and existing clients, saw organic growth in assets under custody and/or administration (AUC/A) and net inflows into assets under management (AUM). We remain focused on advancing our capabilities and seeking opportunities to partner with industry leaders such as Milestone to enrich and broaden the solutions available to our clients., We are delighted to partner with BNY Mellon to deliver enhanced oversight and contingent NAV capabilities to the investment management industry, said Geoff Hodge, Executive Chairman of Milestone Group. // Parsing the query string Tomorrow, as we continue our innovation We enjoy industry-leading positions across most of the segments in which these businesses operate. 1Compound annual growth rate. On the bank's home page, BNY Mellon proudly announces:. // if the target of the click isn't the container nor a descendant of the container We ultimately reported EPS of $2.90, revenue of $16.4 billion and return on common equity (ROE) of 7%. services, including execution and tokenization. integrates with BNY Mellon systems. 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