Premier Miton has struck a deal to outsource equity trading to BNY’s buy-side trading solutions group.
The firm said BNY’s global platform will offer sophisticated execution, improved scalability, and enhanced operational resilience.
Fixed income trading will continue to be managed in-house.
Mike O’Shea, chief executive of Premier Miton (pictured), said: “This relationship is a significant milestone in Premier Miton’s drive to strengthen our operational efficiency.
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“The trading environment for asset managers has evolved rapidly, with automation and advanced technology now central to achieving best execution.
“Working with BNY helps us to access these capabilities efficiently, manage associated risks effectively, and supports the firm’s long term growth ambitions and commitment to continuous improvement.”
Dragan Skoko, global head of buy-side trading solutions at BNY, added: “As trading becomes increasingly complex, asset managers need access to the scale, technology, and expertise required to support execution quality, operational efficiency, and resilience.”
