Acadian Asset Management, a Boston-based global, quantitative investment manager with around $100bn in discretionary assets under management, is now live on BNY Mellon’s Middle Office services platform.
BNY Mellon is now supporting Acadian’s middle office activities, including Trade Support, IBOR and Data Delivery across the firm’s range of systematic investment strategies including equity, macro, managed volatility and equity alternatives.
Founded in 1986, Acadian is headquartered in Boston, with affiliates located in London, Singapore, and Sydney.
Jim Crumlish, Chief Information Officer at Acadian Asset Management, said: “Strategically, this transition enables us to focus on our core competencies of generating alpha and delivering superior service to our clients, rather than expend valuable resources on commoditised functions. From a tactical standpoint, we’re now able to retire legacy technology, support more transactions and accounts, and implement a more robust global operating model.”
