09.13.2023

BNY Mellon’s Pershing Debuts BondWise

09.13.2023
BNY Mellon’s Pershing Debuts BondWise

BNY Mellon’s Pershing announced the debut of BondWise, a fixed income research, management and trading tool available on its NetX360®+  platform.

There has been a need in the marketplace to create data-driven tools that would enable advisors to research and trade bonds and other fixed-income securities in real time. The new BondWise tool helps address this unmet need by giving advisors instant access to market and pricing data, so they can do single bond searches, generate and optimize portfolios, review positions and execute trades—in minutes. 

“Yields on bonds and other fixed income securities are at highs that haven’t been seen for years, but the marketplace has lacked intuitive and robust technology to manage these investment products,” said John Goodheart, Head of Trading Services, BNY Mellon | Pershing. “That’s why we created BondWise –to empower our clients and help them more easily navigate the fixed income marketplace.”

BondWise was developed in collaboration with bondIT, a leading fintech that uses data science, advanced AI and machine learning technologies to create innovative tools for the fixed income market. bondIT was also a participant in the BNY Mellon Accelerator, a program that helps support the growth of emerging fintechs focused on solving business challenges clients are facing. BNY Mellon subsequently led a capital round that raised $14M for bondIT.

“Our collaboration with bondIT is a great BNY Mellon Accelerator story,” said Marianna Lopert-Schaye, Managing Director of Digital Partnerships and Investments, BNY Mellon. “bondIT’s innovative technology, plus deep grasp of the problem to be solved in the fixed income space, is a perfect example of how working with best-in-class partners will help us deliver value for our clients.”

“This work with BNY Mellon’s Pershing represents the perfect alignment of technology, talent and timing,” said Etai Ravid, Founder and CEO, bondIT. “BondWise is launching at a moment when the fixed income market is generating a lot of buzz, and we’re excited to roll out this joint innovation to help improve the advisor experience.”

Source: BNY Mellon

It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

4

Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

Load More

Related articles

  1. LSEG will provide AI-ready content, multi-asset class data and workflow solutions.

  2. OPINION: Artificial, Yes. Intelligent? Maybe.

    Employees can build AI agents to analyze financial reports, relevant data and historical trends.

  3. Innovation was not a word that banks used over the last couple of years, but it is back on the table.

  4. OPINION: Artificial, Yes. Intelligent? Maybe.

    The LSEG Everywhere strategy is to deliver trusted licensed data to scale AI in financial services.

  5. The Japanese group also completed the acquisition of Macquarie’s U.S. & European public asset managers.