BNY Mellon Pershing Links to CAIS and iCapital Network

BNY Mellon’s Pershing announced integrations with CAIS and iCapital Network, two prominent alternative investment platform sponsors, through its enterprise-wide Application Program Interface (API) Store. Pershing has offered access to alternative investments through its Alternative Investment Network for more than 10 years, with registered investment advisor (RIA) balances on the network doubling over the past three years. Integrations with CAIS and iCapital are expected to contribute to that growth by automating document workflows between these providers and the Pershing platform. CAIS and iCapital Network provide advisors with access to private equity, private credit, hedge funds and other alternative investments by offering a curated menu of select products and providing an end-to-end technology platform and automated operational workflows.