About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BNY Mellon Asset Servicing Launches New Fair Value Pricing Offering

Subscribe to our newsletter

BNY Mellon Asset Servicing has announced the launch of its new Fair Value Pricing offering, allowing clients to undertake a revaluation of equity and futures positions in markets that have closed prior to the valuation point of the fund.

Principal benefits include:

• More accurate asset valuation and hence a more accurate fund NAV

• Flexibility to tailor application to client specific requirements

• Pre-defined criteria enable automated generation of adjusted values

• Process significantly automated with appropriate audit trail and reports.

BlackRock is the first adopter of the new service, which is initially being introduced as a London Noon service, covering North and South America markets. As an example, a valuation adjustment of US equity in a fund valued at 12:00 noon UK time will take into account events after the local market closure that impact the security price up to the valuation point of the fund.

An ‘Evaluated Adjustment Factor’ for each individual security is generated, which can be applied to the local closing price to adjust it for post-closing market movements. A ‘Confidence Level’ is provided for each security as a measure of the probability of a relationship between a given security and the factors in the models.

The service also allows for Fair Value to be invoked at the asset level per fund and can be tailored in line with individual client requirements such as fund specific markets in scope and confidence level. The flexibility of the model also allows for additional valuation points to be added subject to client need.

BNY Mellon will be expanding the service to cover additional markets and valuation points in the coming months.

Tony Stenning, head of UK Retail at BlackRock, said: “BNY Mellon’s new fair value pricing offering has allowed us to replace the existing manual service and offers distinct benefits in terms of timeliness, level of detail and flexibility.”

Frank Froud, head of Europe, Middle East & Africa at BNY Mellon Asset Servicing, said: “Our new service offers an on-demand, tailored approach to fair value pricing that allows our clients to benefit from an increased level of confidence via both pre- and post-NAV reporting and analysis, including back testing. We are very pleased the new service has received this vote of confidence from BlackRock, and we look forward to working with them in the future to further extend the scope of the service.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Six Providers of SFDR Reporting Solutions

Europe’s ESG regulatory space is dominated by the Sustainable Finance Disclosure Regulation, which requires listed companies in the bloc to declare the sustainability credentials of the funds they manufacture and the assets in which invest. Its intention is to give investors and advisers a clearer understanding of how sustainable investments are. Compliance requires the reporting...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...