BNY completes acquisition of Archer Holdco, LLC to reinforce its leading position in managed account solutions
BNY completes acquisition of Archer Holdco, LLC to reinforce its leading position in managed account solutions
11/01/24, 12:49 PM
Location
new yorkberwynIndustry
finance
financial services
finance
financial services
The Bank of New York Mellon Corporation (BNY) successfully closed the acquisition of Archer Holdco, LLC, a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. This acquisition strengthens BNY's position as a leading service provider, allowing for fully integrated solutions across the entire managed account lifecycle, benefiting institutional, private wealth, and retail investors.
Company Info
Location
New York, New York, United States
Company info
BNY is a global financial services company that assists in managing, moving, and safeguarding money, partnering with clients for over 240 years. The company supports Fortune 100 companies, top global banks, and government projects, and oversees trillions of dollars in assets. BNY has been recognized as one of Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.