Money in Motion Analytics Now Available on BNY Mellon's Pershing Platform
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: PR Newswire
JERSEY CITY, N.J., Oct. 8, 2019 /PRNewswire/ -- BNY Mellon's Pershing ("Pershing") today announced that its latest digital solution, Money in Motion analytics (see video), is now available to its clients. The tool enables financial professionals to measure organic growth by isolating the effects of market performance on their business and is free of charge to clients on the NetX360® platform."The longest running bull market in history has provided a nice tailwind for financial professionals, often masking the underlying business performance," said Tim Foley, managing director at Pershing. "Money in Motion addresses that very issue by helping financial professionals answer the key question, 'How am I doing in terms of gathering and retaining client assets irrespective of market performance?' "Money in Motion allows financial professionals to track net new asset flows, as well as set growth benchmarks and measure progress against those benchmarks, giving them control over the future
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