Pershing To Float Custodian Platform

BNY Mellon Corp. unit Pershing is seeking to roll out a custodial platform in October.

BNY Mellon Corp. unit Pershing is seeking to roll out a custodial platform in October, Finextra reports. The new platform will target independent financial advisers and financial planning operations. The new offering from the U.K. provider of operational, IT, regulatory, and investment support and solutions is a customizable solution providing advisers with a single point of custody and asset administration for all asset classes. The new platform will deliver a complete range of solutions addressing the key challenges of managing independent business.

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