BNY Closes Acquisition of Archer
BNY (NYSE: BK) has successfully completed its acquisition of Archer Holdco, a technology-enabled service provider specializing in managed account solutions for the asset and wealth management industry. The acquisition, initially announced on September 5, 2024, strengthens BNY's position as a leading service provider supporting asset managers across all fund wrappers. Archer's comprehensive middle- and back-office solutions will be integrated with BNY's broader capabilities, serving institutional, private wealth, and retail investors. The deal positions BNY strategically in the managed accounts sector, which is experiencing rapid growth in the investment industry.
BNY (NYSE: BK) ha completato con successo l'acquisizione di Archer Holdco, un fornitore di servizi abilitato dalla tecnologia specializzato in soluzioni di gestione contabile per l'industria della gestione patrimoniale e degli investimenti. L'acquisizione, annunciata inizialmente il 5 settembre 2024, rafforza la posizione di BNY come fornitore di servizi leader a sostegno dei gestori patrimoniali attraverso tutti i tipi di fondo. Le soluzioni complete di back e middle office di Archer saranno integrate con le capacità più ampie di BNY, servendo investitori istituzionali, di private wealth e al dettaglio. L'accordo posiziona strategicamente BNY nel settore dei conti gestiti, che sta vivendo una crescita rapida nell'industria degli investimenti.
BNY (NYSE: BK) ha completado con éxito la adquisición de Archer Holdco, un proveedor de servicios habilitado por tecnología especializado en soluciones de cuentas gestionadas para la industria de gestión de activos y patrimonio. La adquisición, anunciada inicialmente el 5 de septiembre de 2024, fortalece la posición de BNY como un proveedor de servicios líder que apoya a los gestores de activos a través de todos los tipos de fondos. Las soluciones completas de middle y back office de Archer se integrarán con las capacidades más amplias de BNY, sirviendo a inversores institucionales, de patrimonio privado y minoristas. El acuerdo posiciona estratégicamente a BNY en el sector de cuentas gestionadas, que está experimentando un rápido crecimiento en la industria de inversiones.
BNY (NYSE: BK)는 자산 및 자산 관리 산업을 위한 관리 계좌 솔루션을 전문으로 하는 기술 기반 서비스 제공업체인 Archer Holdco의 인수에 성공적으로 완료했습니다. 2024년 9월 5일에 처음 발표된 이 인수는 모든 펀드 포장을 아우르는 자산 관리자를 지원하는 선도적인 서비스 제공업체로서 BNY의 입지를 강화합니다. Archer의 포괄적인 미들 및 백 오피스 솔루션이 BNY의 더 넓은 능력과 통합되어 기관, 개인 자산, 소매 투자자를 대상으로 서비스를 제공할 것입니다. 이 거래는 투자 산업에서 빠르게 성장하고 있는 관리 계좌 부문에서 BNY를 전략적으로 위치시킵니다.
BNY (NYSE: BK) a réussi à finaliser l'acquisition de Archer Holdco, un prestataire de services habilité par la technologie spécialisé dans les solutions de comptes gérés pour l'industrie de la gestion d'actifs et de patrimoine. L'acquisition, annoncée initialement le 5 septembre 2024, renforce la position de BNY en tant que fournisseur de services leader soutenant les gestionnaires d'actifs à travers tous les types de fonds. Les solutions complètes de middle et back office d'Archer seront intégrées aux capacités plus larges de BNY, servant à la fois des investisseurs institutionnels, de patrimoine privé et des investisseurs particuliers. Cet accord positionne stratégiquement BNY dans le secteur des comptes gérés, qui connaît une croissance rapide dans l'industrie des investissements.
BNY (NYSE: BK) hat erfolgreich die Übernahme von Archer Holdco abgeschlossen, einem technologiegestützten Dienstleister, der sich auf verwaltete Kontolösungen für die Vermögensverwaltungsbranche spezialisiert hat. Die Übernahme, die ursprünglich am 5. September 2024 angekündigt wurde, stärkt die Position von BNY als führenden Dienstleister, der Vermögensverwalter über alle Fondsformen hinweg unterstützt. Die umfassenden Mittel- und Backoffice-Lösungen von Archer werden mit den breiteren Fähigkeiten von BNY integriert, um institutionelle, private Vermögens- und Einzelhandelsinvestoren zu bedienen. Der Deal positioniert BNY strategisch im Bereich der verwalteten Konten, der in der Investmentbranche rapide wächst.
- Strategic acquisition in the fast-growing managed accounts sector
- Expansion of service capabilities across fund wrappers
- Enhancement of middle and back-office solutions portfolio
- Integration of complementary technology services
- None.
Insights
The strategic acquisition of Archer significantly enhances BNY's position in the rapidly growing managed accounts sector. This move is particularly well-timed as managed accounts continue to gain traction among institutional and retail investors. The integration of Archer's middle- and back-office solutions with BNY's existing infrastructure creates a comprehensive service offering that spans the entire managed account lifecycle.
The acquisition strengthens BNY's competitive advantage by expanding its technology-enabled service capabilities and diversifying its revenue streams. This positions BNY as a one-stop solution provider for asset managers across various fund structures, potentially leading to increased market share and enhanced fee-based income. The deal aligns with the industry trend toward digital transformation and operational efficiency in wealth management services.
Managed accounts are among the fastest growing investment vehicles in the industry. Archer provides asset and wealth managers with comprehensive middle- and back-office solutions to address the needs of institutional, private wealth and retail investors.
Archer's clients will be able to access fully integrated solutions across the entire managed account lifecycle leveraging the broader capabilities of the BNY enterprise. The transaction uniquely positions BNY as the leading service provider to support asset managers across all fund wrappers for their institutional and retail investor base.
"We are pleased to announce the successful closing of the Archer transaction and are thrilled to welcome Bryan Dori and the talented Archer team to BNY," said Emily Portney, Global Head of Asset Servicing at BNY.
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About BNY
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in
About Archer
Archer is a technology-enabled service provider that helps investment managers deliver solutions aligned with investor needs. With Archer, investment managers can maintain their proven investment process while outsourcing operations and technology to benefit from a service model geared for growth. Archer has expansive connectivity across the industry and deep experience working with asset managers to help them swiftly streamline operations, enter new distribution channels, and launch new products.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the
These forward-looking statements are based upon current beliefs, expectations and assumptions and are inherently subject to a number of known and unknown business, operational, economic, competitive and other risks, uncertainties and important factors, some of which are listed below, that are beyond the control of BNY and could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Important transaction-related and other risk factors that may cause such differences include, but are not limited to, the following: (i) BNY may be unable to successfully integrate Archer's business with BNY or to integrate the business within the anticipated timeframe; and (ii) anticipated benefits of the transaction may not be fully realized or may take longer, or be more costly, to realize than expected. The foregoing list of important factors is not exhaustive.
For a detailed discussion of other risk factors regarding BNY, please refer to the risks, uncertainties and factors described in BNY's recent filings with the
All forward-looking statements in this press release speak only as of the date on which such statement is made. BNY undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
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SOURCE BNY
FAQ
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