Subaccounting

Our industry-leading subaccounting platform enables broker-dealers and other financial institutions to provide mutual fund shareholder recordkeeping across management companies for both proprietary and non-proprietary funds.

Complete service solution:

As the first and largest third-party provider of subaccounting services in the U.S., servicing more than 66 million accounts, we provide a complete solution for shareholder accounting and trade clearing/settlement for:

  • Mutual fund supermarkets
  • Wrap accounts
  • Health savings accounts
  • Omnibus processing
  • Offshore fund servicing
  • Direct-at-fund
  • Books and records (NTO)

Our service advantage:

  • Enhanced transparency – we lead the industry in the acceptance of Client Datashare Activity and Position files (PR3)
  • Demonstrated commitment to your success – evidenced by our leadership role in ICI BDAC omnibus subcommittees and NICSA distribution subcommittee
  • Reduced risk and accelerated conversations – achieved through operational efficiencies created by our scalable SuRPAS system
  • Seamless integration of back-office brokerage systems – enables exchange of data in industry-standard formats and options for proprietary interfaces or real-time interfaces
  • Flexible and open technology architecture – offers easy access to information and simplified management of multiple fund family products

Invested in You

Turn to BNY Mellon for unparalleled dedication, experience and support throughout the investment process.

Money Market Reform

OmniAccess

Take a closer look at proposed money market funds reforms in the U.S. and Europe, as well as the broader international regulatory landscape.

Download The Money Market Fund Reform Landscape »

RIC Modernization Act

RIC Modernization Act

Elisabeth Martinetz, tax director for Asset Servicing's U.S. Funds Services group, discusses the status of the Regulated Investment Company Modernization Act and its impact on the mutual fund industry.

Download The RIC Modernization Act: Status, Implications and Impact »