PureFacts Financial Solutions has been named the exclusive provider for revenue management and advisor compensation solutions for BNY Pershing’s clientele. This strategic move will empower Pershing clients with robust billing, incentive planning, and compensation management tools through PureFacts’ advanced platform.
The collaboration aligns closely with BNY Pershing’s Wove suite—designed to simplify and modernize wealth management operations—offering firms integrated tools to drive efficiency and improve advisor engagement.
“No other offering in the market matches the caliber of capabilities found in Wove, especially when paired with PureFacts’ innovative solutions,” said Noam Tasch, Head of Platform Sales at BNY Pershing. “This partnership reinforces our mission to streamline and scale the wealth management experience.”
Pete Hess, President of PureFacts, added, “By combining PureFacts’ analytics-driven revenue insights with Wove’s advisory tools, we’re enabling firms to uncover lost revenue and implement effective compensation strategies that drive growth.”
Together, PureFacts and BNY Pershing aim to elevate how advisory firms manage revenue and performance, ensuring stronger financial outcomes and a more impactful advisor experience.
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News Source: Businesswire.com
