BNY Mellon is collaborating with Accenture to modernize financial services offerings with an initial focus on data management and analytics product development and delivery. The companies will use leading technologies to unleash the power of data at new speed to help their joint clients drive accelerated growth. Combining Accenture's data, AI, and platform engineering expertise with BNY Mellon's comprehensive financial data and analytics services will help accelerate the introduction of new services across private markets and wealth management technology, as well as support expansion into new markets.

With the expertise and platforms to help clients achieve their goals, BNY Mellon will also work with Accenture to create exceptional client experiences. The two companies plan to further collaborate on bringing the newly developed services to market in the future to transform the financial services industry. BNY Mellon's Data & Analytics business is a long-established provider of pre-eminent software, data management and an analytics platform for capital markets with $47T data assets on the platform and more than 800 clients.

The collaboration of Accenture and BNY Mellon is the latest announcement by BNY Mellon as part of its technology and ecosystem strategy focused on building new solutions to help its clients grow their businesses. BNY Mellon's Data& Analytics business recently announced a strategic alliance with Microsoft, focused on transforming the capital markets through leading data management solutions for its buy-side and sell-side clients.