BNY Mellon works with Accenture

The companies will leverage leading technologies to unlock the power of data at new speeds and help their shared customers drive accelerated growth.

Combining Accenture’s data, AI and platform engineering expertise with BNY Mellon’s comprehensive financial data and analytics services will help accelerate the launch of new services in private markets and wealth management technology and expand into new markets support. With the expertise and platforms to help clients achieve their goals, BNY Mellon will also work with Accenture to create exceptional client experiences. The two companies plan to continue working together in the future to bring the newly developed services to market and thereby transform the financial services industry.

“For BNY Mellon, it is a priority to transform the way companies can better manage and leverage increasing amounts of data,” said Akash Shah, Chief Growth Officer of BNY Mellon. “By leveraging the latest technology and our shared expertise with Accenture, we can help clients transform their operating models to harness the power of their data to drive efficiency and growth. As we enter our 240th year in business, we are proud that our experience helps deliver innovative solutions and capabilities to our customers.”

BNY Mellon’s Data & Analytics business is a long-established provider of best-in-class software, data management and analytics platform for capital markets, with $47 trillion of data on the platform and more than 800 customers.

“BNY Mellon has a bold vision – to reinvent the way it serves its customers with data and analytics so they can achieve new levels of agility, performance and returns,” said Jack Azagury, group chief executive for Strategy & Consulting at Accenture. “We are proud to advance our commitment to help BNY Mellon leverage next-level technologies to set new standards for the industry and drive greater value for its business and customers, and we look forward to our shared opportunity to bring new skills and offer products to customers on the market.”

The collaboration between Accenture and BNY Mellon is BNY Mellon’s latest announcement as part of its technology and ecosystem strategy focused on developing new solutions to help its customers grow their businesses. BNY Mellon’s Data & Analytics business recently announced a strategic alliance with Microsoft focused on transforming capital markets through leading data management solutions for its buyer and seller clients.