Clients want solutions that empower, that open paths to greater growth and profitability. With BNY Mellon NEXENSM, we’re collaborating with clients on new solutions that improve the investment process.
Investing has been fundamentally changed by digital transformation. The most successful companies not only keep pace with innovation, they also actively disrupt and lead change to grow their businesses. In the face of challenges, like margin compression, complex regulatory requirements and legacy technology architectures nearing obsolescence, how can leaders and companies have confidence they're innovating the right way or fast enough?
Innovation is never easy, clear or entirely without risk, making it crucial to partner with the right team. At BNY Mellon, our people's expertise across the investment value chain leads us to believe technology and innovation are the keys to moving investing forward. We know, from experience, the best innovations come when our entire industry works together. We have long pioneered technological advancements in financial services and collaborating with clients to create better solutions, and remain committed to shaping the future of finance.
As the Investments Company for the World, we deliver advanced technology solutions as a core competency – from cloud computing to mobile platform to big data technologies and beyond. Our people leveraged their deep industry expertise, broad client experience and financial technology know-how to create NEXEN, our digital investment services platform and most powerful innovation yet. We're redefining the future of finance, from the client’s perspective, by building a new technology ecosystem with NEXEN at its heart. The NEXEN platform provides clients with real-time access to BNY Mellon solutions, services and data across all channels and devices, and also serves as a foundation for clients and the industry to build upon to harness the power of digital technologies that are driving the rise of digital native companies, such as Amazon, Google, Alibaba and Facebook.
Technology Product Manager Neil DiCicco said, “We’re always looking at new technologies and new ways of doing business. Emerging technologies are changing the way we support our clients and the way they interact with us. Clients want solutions that provide greater technology flexibility, and NEXEN gives them the services they need from the providers they choose and in the way they would like to consume them.”
NEXEN provides a consistent experience regardless of product, service or region. Likewise, in NEXEN’s open source environment, solutions are developed and services are delivered whenever they are needed and in an easy, agile manner. The results are lower fixed expenses, greater efficiency, increased transparency and decreased risk exposure. Additional advantages include:
BNY Mellon’s proprietary big data and analytics platform, Digital Pulse, is one of the core components of NEXEN’s digital platform. Digital Pulse’s monitoring and analytics capabilities help to continuously improve the NEXEN client experience and enables new, data-driven solutions, including several currently under development with clients to address their specific needs.