Pershing to offer Neovest trading technology

Source: Pershing

Pershing, a subsidiary of The Bank of New York Mellon Corporation, has added Neovest, to its suite of comprehensive open architecture trading technology solutions.

Neovest provides financial technology services to buy- and sell-side financial institutions.

Neovest's solutions are available to introducing broker-dealer firms through Pershing LLC and to independent registered investment advisors through Pershing's affiliate, Pershing Advisor Solutions LLC. Through Neovest's platform, Pershing's customers are able to leverage a broad array of sophisticated trading technology tools and solutions to help them achieve best execution and enhance their competitive position. Key features and functionality include:
  • Multi-asset direct market access encompassing equities and options trading;
  • Advanced electronic communication network (ECN) and exchange aggregation, broker routing, crossing and algorithmic order routing aggregation;
  • Cutting-edge order management functionality and risk monitoring capabilities with the ability to display real-time profit and loss, holdings and position information;
  • Real-time market data and advanced analytics, which includes flexible technical analysis charting, scrolling news, ECN depth of book, predefined filters, reverse filtering and alerts.


The addition of Neovest's capabilities to Pershing's suite of trading solutions enhances Pershing's ability to provide its customers and their clients with a wide range of robust trading services, which include equity and fixed income trading, international trading, flexible cutting-edge technology, operational support and best execution.

Craig Messinger, managing director of trading services at Pershing, said, "As a leading provider of an extensive range of open architecture trading solutions to the global capital markets, we continuously explore opportunities to offer our customers access to best-of-breed products, services and solutions. Neovest's flexible trading technology and market analytics will provide our customers with the tools they need to help them grow their businesses."

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