BNY Pershing teases upgrades to boost advisor, investor experience

BNY Pershing is rolling out a series of digital tools and portfolio management enhancements for financial advisors this week at its annual INSITE conference, aimed at improving efficiency, customization, and integration across its wealth management platform.

INSITE 2025 marks the first time BNY is presenting cross-business product enhancements at its flagship advisor conference, which brings together professionals from across the asset and wealth management industries.

Among other updates, a Tuesday announcement from BNY highlighted that its Wove Trading offering is being enhanced with fixed-income portfolio tools that support construction, optimization, and execution in one environment. The firm says this will allow RIAs to source liquidity and structure portfolios using integrated analytics and trading capabilities.

In another upgrade, Wove Investor, which integrates NetX Investor and Wealth Reporting into a unified platform, will provide clients with improved access to account data and reporting. BNY says the upgrade is intended to streamline the investor experience and offer a more holistic view of holdings.

Another change to Wove Portfolios expands unified managed account (UMA) functionality, including sleeve-level data and more flexible management tools embedded within advisor workflows. Advisors will be able to design and manage multi-manager portfolios that incorporate separately managed accounts, models, and individual securities.

Last September, the firm disclosed a deal to acquire Archer, a Pennsylvania-based fintech firm founded in 2000 with a focus on managed accounts.

BNY is also launching the Advisor Growth Network to connect wealth professionals with business development resources, peer collaboration, and market research.

Additional offerings from BNY Investments include ResearchFlex and PortfolioFlex. ResearchFlex delivers institutional-grade manager due diligence and monitoring tools, while PortfolioFlex gives advisors the ability to tailor model portfolios at the asset-class and security level. Both offerings are designed to help firms scale personalized investment solutions while managing risk and staying aligned with regulatory obligations.

The firm is also spotlighting BNY AMP, a banking-as-a-service platform that provides financial infrastructure including virtual account management, embedded compliance, KYC, and risk monitoring, and multi-currency payments.

“Our goal is to help advisors drive efficiency and deliver greater value to clients,” said Jim Crowley, global head of BNY Pershing. “Continued product innovation is a priority and leveraging the connectivity of our businesses has allowed us to deliver the full breadth of BNY to clients to help them drive growth, productivity and scale.”