BK - BNY Mellon selected by Janus Henderson for data management platform

In yet another example of how data has become an important revenue source in the financial services sector, Bank of New York Mellon ([[BK]] +1.6%) wins a mandate from Janus Henderson ([[JHG]] -0.5%) to implement a global data management platform to improve quality and ease of access to investment information across the enterprise.The cloud-based solution supports Janus Henderson's data platform transformation strategy and will consolidate sources of information into one global data store, creating a unified data architecture."This further validates the data management journey that we have been on for several years now, and our proven capabilities and strategy that we executed to build a data platform on Microsoft Azure aligns well with Janus Henderson's own technology strategy," said Charles Teschner, head of Data and Analytics Solutions at BNY Mellon.Last week, BNY Mellon announced an alliance to integrate its OMNI securities service platform with Amundi's ALTO portfolio management system.

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BNY Mellon selected by Janus Henderson for data management platform