Pershing Adds to its ValueAlliance Program

BNY Mellon's Pershing LLC has added more than 20 new providers to its ValueAlliance program, which is aimed at hedge fund managers, registered investment advisors and introducing broker-dealers.

The program is designed to allow those clients to receive preferred pricing and access to solutions from a network of vendors and consultants. ValueAlliance now has 66 providers under its umbrella.

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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