BNY Mellon has integrated its Intermediary Analytics service, formerly Albridge Analytics, into its asset servicing business to help clients strengthen growth opportunities.

Intermediary Analytics aggregates sales and asset data from broker-dealers to offers insights on financial products, focusing on mutual fund, exchange-traded fund, and separately/unified managed account products. It also provides due diligence tools to support oversight needs of industry players.

BNY Mellon said that the integration will support the creation of enhanced distribution solutions and will boost performance of the business.

BNY Mellon Asset Manager Solutions global head Christine Gill said: “Our clients increasingly value the insights and guidance we deliver through automated tools and business intelligence solutions from across our Asset Servicing solutions set.

“Intermediary Analytics greatly enhances our ability to provide our clients with comprehensive and unique insights that help them analyse business drivers, streamline and increase distribution intelligence, and optimise their decision making process.”