Premier Miton has announced a new strategic relationship with BNY (NYSE: BNY), a global financial services company, under which equity trading will be outsourced to BNY’s Buy-Side Trading Solutions group.
Fixed income trading will continue to be managed in-house, utilising the firm’s existing dedicated specialist bond trading capabilities.
This development represents an important step in Premier Miton’s ongoing programme to enhance operational efficiency, improve execution quality and support the firm’s commitment to building a more agile, technology-enabled trading infrastructure designed to support future growth.
BNY’s global trading platform operates across a broad range of markets and asset classes, enabling Premier Miton to benefit from sophisticated execution, improved scalability, and enhanced operational resilience.
Mike O’Shea, Chief Executive Officer of Premier Miton, said:
“This relationship is a significant milestone in Premier Miton’s drive to strengthen our operational efficiency. BNY’s scale, technology and global reach will support more effective execution for our clients while allowing us to operate with greater flexibility and sophistication.
“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:
“We are excited to welcome Premier Miton as a new client of BNY’s Buy-Side Trading Solutions business. As trading becomes increasingly complex, asset managers need access to the scale, technology, and expertise required to support execution quality, operational efficiency, and resilience.
“We look forward to supporting Premier Miton with our global trading capabilities as the firm continues to evolve its operating model and position its platform for future growth.”
