BNY

BNY is a global financial services company that oversees assets for institutions, corporations and individuals, and it is listed with the Greater Boston Chamber of Commerce. It describes itself as a financial services platforms company at the heart of the world’s capital markets, providing custody, asset servicing, payments, asset management and data and technology services. By its own count, it touches roughly 20 percent of the world’s investable assets.

The firm traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and took its current form after merging with Mellon Financial in 2007; it shortened its name from BNY Mellon to BNY in 2024. Today it emphasizes technology, from data management and blockchain to artificial intelligence, as tools for helping clients improve efficiency and manage market volatility. It is also redesigning its payments operating model for a continuous, data-rich environment.

What to Know

• BNY provides custody services to clients in more than 100 markets.
• It oversees more than $59 trillion in assets under custody and/or administration.
• The company is headquartered in New York City.
• BNY says it wants all of its employees to have access to cutting-edge AI.