The latest technology news in the wealth management sector from around the world.

BNY has unveiled Alts BridgeSM, a data, software, and services solution for wealth intermediaries seeking access to alternative and private market investment products.

The solution is designed to integrate into clients’ existing desktops, beginning with BNY Pershing X’s Wove advisory platform and NetX360+. 

The platform gives access to asset managers around the world, such as Blue Owl Capital, CIFC, Crescent Capital, Eisler, Generali, Goldman Sachs, Invesco, KKR, Marathon Asset Management, Polen Capital, RCP Advisors and others.

Features include an advisor education and fund discovery center, home office and asset manager tools, product overviews, automated document preparation, simplified order entry, and integrated reporting and investment management capabilities. 

“We’re combining the breadth and depth of BNY’s distribution team with our expertise across investment management, advisory, securities services, wealth technology, and wealth custody and clearing, enabling Alts Bridge to provide a comprehensive solution to find, access, and custody alternative and private market assets,” Akash Shah, chief growth officer and head of growth ventures at BNY, said.