Press Releases
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Pershing Announces New Capabilities and Website Redesign for Albridge Following Reorganization with iNautix USA
October 25, 2011 - JERSEY CITY, N.J. — Albridge LLC, an affiliate of Pershing LLC, a BNY Mellon company, announced today the introduction of a range of newly integrated compliance, business intelligence and operational capabilities as a result of completing its merger reorganization with Pershing's iNautix (USA) LLC affiliate, effective October 1, 2011. The reorganization enables Albridge to combine the technology solutions, product development and business consulting knowledge of both firms to help customers implement enterprise efficiency and collaboration solutions, improve advisor productivity, and bolster investor satisfaction.
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Albridge Dispels Myths about Global Investment Performance Standards
September 20, 2011 - JERSEY CITY, N.J., — Albridge Solutions, an affiliate of Pershing LLC, a BNY Mellon company, today announced the availability of a new whitepaper, The Myth of GIPS: Money-Weighted Return for Client Performance Reporting. Developed in partnership with The Spaulding Group, a recognized leader in investment performance measurement, the whitepaper highlights the common misconceptions associated with the Global Investment Performance Standards (GIPS) — explaining how these measurement standards can end up adversely impacting financial and reporting results by investment firms and potentially misleading clients if not used correctly.
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Albridge Earns Re-Certification Under the Prestigious Service Capability and Performance (SCP) Standards
April 5, 2011 - LAWRENCEVILLE, N.J., — Albridge, an affiliate of Pershing LLC, a BNY Mellon company, announced today that it has achieved re-certification under the prestigious Service Capability & Performance (SCP) Standards. Albridge's re-certification under the SCP Support Standard follows an extensive audit of its Lawrenceville, N.J., client support center. The SCP Standards define a stringent set of performance criteria and represent best practices in the industry.
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Albridge Releases New Study Detailing Best Practices for Broker-Dealer Sales Oversight
December 15, 2010 - JERSEY CITY, N.J., — BNY Mellon's Pershing affiliate, Albridge, announced today the availability of Broker-Dealer Sales Practices Oversight: Secrets of Their Success. The independent study examines the changing regulatory environment, discusses the potential impact on broker-dealers and provides guidance on best practices for improving oversight of sales practices.
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