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NetX360+ from Pershing (BNY Mellon)
A wealth management platform that provides advisors with tools for portfolio management, trading, research, financial planning, and client relationship management. Integrated with Pershing's clearing and custody services, it offers streamlined workflows and digital client engagement capabilities.
More about Pershing (BNY Mellon)
Product analysis by function
Advisor Platforms for Wealth Management
Integrated solutions that support wealth advisors in managing client relationships, investments, and business operations.
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Client Management
(11 Yes /11 Known /12 Possible features)
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Unified Client Profile Comprehensive 360-degree view of client information, relationships, accounts, and activities in a single interface |
NetX360+ provides a 360-degree view of client information, relationships, accounts, and activities through unified client profiles, as described in marketing materials. | |
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Household Relationship Mapping Ability to link and visualize family relationships, joint accounts, and household financial connections |
Household relationship mapping is described explicitly as a feature for family account grouping and joint account management in platform overviews. | |
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Client Segmentation Tools to categorize clients based on wealth tiers, service needs, profitability, or custom criteria |
Client segmentation tools are mentioned, enabling classification by asset tiers, service segment, and other criteria. | |
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Client Onboarding Workflow Streamlined digital process for bringing new clients onto the platform with automated documentation and compliance checks |
Digital onboarding workflow is a promoted feature for streamlining new client onboarding with compliance checks. | |
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Contact Management System for tracking all client interactions, communications, and touchpoints |
Contact and communication tracking is part of client management as described by Pershing documentation. | |
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Document Management Secure repository for client-related documents with version control and compliance tracking |
Document management, including secure client document storage and sharing, is a core offering. | |
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Client Portal Integration Connection with client-facing interfaces, allowing advisors to see what clients see |
Client portal integration is provided for digital engagement and transparency. | |
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Communication Tools Integrated email, messaging, and notification systems that maintain records of client communications |
NetX360+ offers integrated communication tools, including secure messaging. | |
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Task Management System for creating, assigning, and tracking client-related tasks and follow-ups |
Task management features allow for follow-ups and reminders in the platform. | |
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Client Engagement Analytics Metrics on client interactions, satisfaction, and relationship depth |
Client engagement analytics and insights available through dashboards and reports. | |
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Client Capacity Maximum number of client profiles the system can efficiently manage |
No information available | |
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Prospect Management Tools for tracking and nurturing potential clients through the sales pipeline |
Prospect management tools to track leads and pipeline are mentioned. |
Financial Planning
(12 Yes /12 Known /13 Possible features)
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Goal-Based Planning Framework for creating, tracking, and adjusting plans based on client life goals |
Goal-based planning functionality included under financial planning features. | |
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Retirement Planning Specialized tools for projecting and optimizing retirement scenarios and income strategies |
Retirement planning is explicitly featured within advice and planning modules. | |
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Cash Flow Analysis Tools for analyzing and projecting client income, expenses, and liquidity needs |
Cash flow analysis and projections available for clients. | |
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Estate Planning Integration Features supporting wealth transfer strategies and estate planning scenarios |
Estate planning integration is covered via integration with planning specialists. | |
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Tax Planning Tools for tax optimization, harvesting, and projection across client accounts |
Tax planning and modeling functionalities are part of advanced advisory tools. | |
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Insurance Analysis Capabilities for evaluating coverage needs and incorporating insurance products into financial plans |
Insurance analysis is possible by incorporating insurance data into plans. | |
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Education Planning Specialized planning tools for college and education funding goals |
Education planning features, including 529 and goal modeling, are available. | |
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Monte Carlo Simulation Probability analysis showing likelihood of plan success under various market scenarios |
Monte Carlo simulation tools for projections and plan stress-testing are provided. | |
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What-If Scenario Modeling Ability to create and compare multiple planning scenarios with different assumptions |
What-if scenario modeling is supported in planning tools. | |
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Plan Monitoring Automated tracking of plan progress against goals with alerts for variances |
Automated plan monitoring and alerts form part of client review services. | |
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Client-Facing Plan Visualizations Engaging graphical representations of financial plans designed for client understanding |
Client-facing visualizations for financial plans are emphasized in platform demos. | |
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Plan Generation Speed Time required to generate a comprehensive financial plan with standard inputs |
No information available | |
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Risk Capacity Assessment Tools to evaluate a client's financial ability to withstand market volatility |
Client risk capacity and tolerance assessment available as part of the planning workflow. |
Investment Management
(12 Yes /12 Known /13 Possible features)
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Model Portfolio Management Infrastructure for creating, managing, and implementing model portfolios across client accounts |
Model portfolio management infrastructure is a core investment management component. | |
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Rebalancing Engine Automated tools for identifying and executing portfolio rebalancing opportunities |
Rebalancing engine enables automated portfolio rebalancing and drift management. | |
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Asset Allocation Tools Analytics for optimizing portfolio diversification across asset classes |
Asset allocation and optimization tools available. | |
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Investment Proposal Generation Automated creation of compliant, personalized investment proposals |
Personalized, compliant investment proposal generation features included. | |
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Performance Reporting Comprehensive reporting on portfolio performance with benchmarking capabilities |
Performance reporting is comprehensive with benchmarking. | |
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Fee Analysis Tools for calculating, disclosing, and optimizing investment costs and advisory fees |
Fee analysis and reporting tools are part of investment tools. | |
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Tax-Aware Investing Capabilities for tax-efficient investing and tax-loss harvesting |
Tax-aware investing, including tax loss harvesting, is supported. | |
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ESG/SRI Screening Tools for incorporating environmental, social, governance, or socially responsible criteria into portfolios |
ESG/SRI screening tools for investment personalization are available. | |
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Alternative Investment Support Ability to incorporate and report on non-traditional investments like private equity, hedge funds, or real estate |
Alternative investment support (PE, RE, etc.) is offered in reporting. | |
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Trading Integration Connectivity with order management and execution platforms |
Trading integration is robust, as the system connects to Pershing clearing. | |
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Investment Research Access Integration with research platforms and content for security selection |
Investment research access is available via integrated platforms. | |
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Portfolio Drift Alerts Automated notifications when portfolios move outside of target allocations |
Portfolio drift alerts are part of portfolio monitoring. | |
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Rebalancing Speed Time required to analyze and generate rebalancing recommendations for the average client portfolio |
No information available |
Risk Management
(10 Yes /10 Known /12 Possible features)
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Risk Profiling Questionnaires and tools to assess client risk tolerance and preferences |
Risk profiling questionnaires and tools are used in client onboarding. | |
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Portfolio Risk Analysis Tools to measure and visualize risk metrics across client portfolios |
Portfolio risk analysis and visualization are core risk management features. | |
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Stress Testing Capability to simulate portfolio performance under extreme market conditions |
Stress testing of portfolios is supported. | |
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Downside Protection Strategies Tools for implementing hedging or protection strategies in portfolios |
Downside protection and hedging strategies are available in solution suite. | |
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Risk Budget Management Framework for allocating risk across portfolio components |
Risk budgeting is supported in portfolio construction tools. | |
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Risk-Adjusted Return Analysis Metrics showing performance in the context of risk taken |
Risk-adjusted return analysis (e.g., Sharpe ratio) available in reporting. | |
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Behavioral Risk Assessment Tools to identify and address client behavioral biases that impact investment decisions |
No information available | |
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Risk Visualization Tools Client-friendly graphics that effectively communicate risk concepts |
Risk visualization tools are used to communicate risk to clients. | |
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Scenario Analysis Tools to model portfolio performance under specific market scenarios |
Scenario analysis supported by planning and risk tools. | |
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Correlation Analysis Tools to analyze and visualize relationships between different investments |
Correlation analysis tools for portfolio diversification are available. | |
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Risk Monitoring Alerts Automated notifications when portfolio risk metrics exceed thresholds |
Risk monitoring alerts and thresholds configurable in platform. | |
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Risk Model Options Number of different risk modeling methodologies available in the system |
No information available |
Data Integration & Analytics
(11 Yes /11 Known /13 Possible features)
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Core Banking Integration Seamless connectivity with the bank's central account and transaction systems |
Core banking integration with Pershing’s back-office systems is a key differentiator. | |
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CRM Integration Connection with customer relationship management systems for unified client data |
CRM integration supported via APIs and partnership ecosystem. | |
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Custodian Data Feeds Automated imports of account and position data from custodial platforms |
Custodian data feeds fully integrated—platform is tied to Pershing’s custody platform. | |
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Market Data Integration Access to real-time or delayed market pricing and information |
Real-time and delayed market data integration supported. | |
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Account Aggregation Ability to incorporate held-away assets and liabilities into comprehensive client view |
Account aggregation for held-away assets available. | |
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API Ecosystem Extensible architecture allowing connection with third-party applications |
Robust API ecosystem for third-party application connection. | |
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Business Intelligence Tools Analytics capabilities for identifying trends and opportunities across client base |
Business intelligence and analytics dashboards form central part of platform. | |
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Data Visualization Interactive tools for exploring and presenting complex financial data |
Data visualization tools are part of reporting and dashboard capabilities. | |
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Data Quality Management Processes for ensuring data accuracy, completeness, and consistency |
Data quality management with automated checks and reconciliation included. | |
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Custom Reporting Engine Tools allowing advisors to create personalized reports for clients or management |
Advisors can create custom reports for clients or firm management. | |
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Data Warehousing Infrastructure for storing and analyzing historical client and performance data |
Data warehousing is supported for historical reporting and analytics. | |
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Integration Processing Capacity Maximum volume of data imports and exports the system can handle daily |
No information available | |
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Machine Learning Capabilities Advanced analytics using AI to identify patterns and generate insights |
No information available |
Compliance & Supervision
(12 Yes /12 Known /13 Possible features)
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Regulatory Reporting Automated generation of required regulatory filings and reports |
Regulatory reporting is automated to meet U.S. and global regulatory requirements. | |
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KYC/AML Integration Tools for Know Your Customer and Anti-Money Laundering compliance |
KYC and AML integration present as part of onboarding and compliance modules. | |
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Suitability Assessment Framework for ensuring investment recommendations match client profiles |
Suitability assessment capabilities are central to account management. | |
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Fee Disclosure Management Tools for calculating, disclosing, and documenting advisory fees and costs |
Fee disclosure management available as part of compliance and reporting. | |
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Communication Archiving System for retaining client communications in compliance with regulations |
Communication archiving and retention required for regulatory compliance are provided. | |
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Supervision Workflows Processes for supervisory review of advisor activities and recommendations |
Supervisory workflows are included for compliance review. | |
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Conflict of Interest Management Tools for identifying and addressing potential conflicts in recommendations |
Conflict of interest management tools included. | |
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Best Interest Documentation Features supporting documentation of best interest or fiduciary considerations |
Best interest documentation is a compliance checklist function. | |
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Exception Reporting Automated identification of transactions or activities requiring review |
Exception reporting alerts supervisors to account or transaction anomalies. | |
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Compliance Dashboard Central view of compliance status across advisors and clients |
Compliance dashboard displays overall firm status. | |
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Regulatory Update Management Process for implementing changes to comply with new regulations |
Regulatory update management handled through product updates and workflow management. | |
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Audit Trail Comprehensive logging of system activities for regulatory review |
Audit trail and logging features are standard. | |
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Compliance Rule Capacity Maximum number of concurrent compliance rules that can be actively monitored |
No information available |
Advisor Productivity
(12 Yes /12 Known /13 Possible features)
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Advisor Dashboard Personalized interface showing priorities, tasks, and client information |
Advisor dashboard is the main starting point in NetX360+. | |
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Automated Workflows Pre-built processes for common advisor activities with tracking |
Automated workflows for common tasks are configurable. | |
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Calendar Integration Connection with scheduling tools for meeting management |
Calendar integration with scheduling functions is supported. | |
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Mobile Access Responsive design or dedicated app for on-the-go advisory work |
NetX360+ is available on mobile and responsive for advisor use. | |
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Template Library Collection of pre-approved communications, plans, and proposals |
Template library for documents and proposals is included. | |
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Batch Processing Ability to perform actions across multiple clients simultaneously |
Batch processing available for multicustomer actions such as communications. | |
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Digital Signature Support Integration with e-signature platforms for paperless workflows |
Digital signature support (e.g., DocuSign integration) is available. | |
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Artificial Intelligence Assistance AI-powered tools for research, recommendations, or administrative tasks |
AI assistance tools are emerging features for recommendations and automation. | |
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Meeting Preparation Tools Automated generation of client review materials and talking points |
Meeting preparation tools are featured (client review packets, prep reports). | |
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Notification Management System for prioritizing and managing alerts and updates |
Notification and alert management are configurable by the advisor. | |
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Activity Tracking Measurement of advisor activities and productivity metrics |
Activity and productivity tracking built into advisor dashboards. | |
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Knowledge Management Repository of best practices, policies, and reference materials |
Knowledge management with internal reference library is available. | |
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System Response Time Average time for the platform to respond to standard advisor queries |
No information available |
Team Collaboration
(9 Yes /9 Known /12 Possible features)
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Role-Based Access Control Granular permissions system controlling what different team members can view and modify |
Role-based access controls (RBAC) highlighted in security documentation. | |
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Team Assignment Ability to define service teams around clients with clear responsibilities |
Team assignment and collaboration tools present for managing service teams. | |
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Internal Messaging Secure communication system for team coordination about client matters |
Internal messaging is enabled for secure team communications. | |
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Activity Logging Transparent record of all team member actions and client interactions |
Activity logging is present for all user and team actions. | |
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Collaborative Document Editing Ability for multiple team members to work on plans or proposals simultaneously |
No information available | |
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Specialist Integration Framework for incorporating subject matter experts into client service |
Integration with external specialists/firms available for expert support. | |
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Workflow Assignment System for routing tasks to appropriate team members with tracking |
Workflow assignment for routing and tracking is available for task management. | |
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Coverage Management Tools for managing team coverage during absences or transitions |
No information available | |
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Shared Calendar Team visibility into meeting schedules and client commitments |
Shared calendar for teams provided through platform Collaboration tools. | |
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Cross-Team Referrals Process for managing client referrals between advisory teams |
Cross-team referral process described for large advisory networks. | |
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Performance Tracking Metrics on team effectiveness and service delivery |
Performance metrics and scorecards for advisory teams are included. | |
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Maximum Team Size The largest number of team members that can be effectively supported on a single client relationship |
No information available |
Client Experience
(12 Yes /12 Known /13 Possible features)
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Client Portal Quality Sophistication and usability of the client-facing digital experience |
Client portal is highlighted as high-quality and user-friendly. | |
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Mobile App Availability Dedicated mobile application for clients to access accounts and plans |
Dedicated mobile app for clients is available. | |
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Digital Document Sharing Secure system for exchanging documents with clients |
Documents can be shared securely via client portal. | |
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Personalized Reporting Ability to customize reports based on client preferences and needs |
Personalized and customized client reporting is possible. | |
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Educational Content Integration Access to financial education resources tailored to client situations |
Educational content (articles, videos, guides) integrated in portal. | |
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Goal Visualization Interactive tools showing progress toward financial objectives |
Goal visualization tools illustrate financial objectives and progress. | |
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Secure Messaging Private communication channel between clients and advisory team |
Secure messaging for client-advisor communication available. | |
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Self-Service Capabilities Features allowing clients to initiate common requests independently |
Self-service capabilities for clients such as data update and request initiation are enabled. | |
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Appointment Scheduling Online tools for clients to book meetings with advisors |
Online appointment scheduling tools provided for clients. | |
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Net Worth Dashboard Comprehensive view of client's total financial picture |
Net worth dashboard for clients to see overall financial picture. | |
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Client Feedback Collection Mechanisms for gathering and acting on client satisfaction input |
Client feedback collection tools (e.g., surveys) included. | |
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White-Labeling Options Ability to customize branding of client-facing interfaces |
Branding and white-labeling options available for client-facing portal. | |
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Client Portal Uptime Percentage of time the client portal is available and functioning properly |
No information available |
Technical Architecture
(12 Yes /12 Known /14 Possible features)
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Cloud-Based Architecture Platform delivered via secure cloud infrastructure rather than on-premises |
Cloud-based platform as standard delivery. | |
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System Reliability Platform stability and resistance to outages or performance issues |
System reliability and uptime are emphasized by Pershing’s platform SLAs. | |
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Data Security Protocols Comprehensive safeguards protecting client and firm information |
Data security protocols follow industry standards (SOC 2, encryption, etc.). | |
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Multi-Factor Authentication Enhanced login security requiring multiple verification methods |
Multi-factor authentication required for user and client access. | |
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Disaster Recovery Robust backup and restoration capabilities in case of system failure |
Disaster recovery measures discussed in technical documentation. | |
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Scalability Ability to grow with increasing users, clients, and transaction volume |
Scalability highlighted for both small and large enterprise deployments. | |
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Update Frequency Regular delivery of new features and improvements |
Regular platform updates and feature releases described in Pershing communications. | |
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Customization Options Ability to adapt platform to firm-specific needs and workflows |
Customization options available for workflows and reports. | |
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Integration Architecture Framework for connecting with other systems via APIs or other methods |
Integration architecture supports connections via open APIs. | |
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Performance Optimization Design focused on speed and responsiveness for complex operations |
Performance optimization for speed is a documented competitive advantage. | |
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Browser Compatibility Support for various web browsers and operating systems |
Supports major web browsers and operating systems. | |
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Single Sign-On Support Integration with enterprise authentication systems |
Single Sign-On (SSO) integrations are available for enterprise users. | |
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System Uptime Percentage of time the system is operational and available to users |
No information available | |
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Maximum Concurrent Users Number of users who can actively use the system simultaneously without performance degradation |
No information available |
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