PureFacts Financial Solutions, a global provider of revenue management solutions, has deepened its collaboration with BNY Pershing, becoming the selected provider for billing and advisor compensation management needs for BNY Pershing’s clients. This collaboration aims to integrate PureFacts’ advanced revenue management solutions with BNY Pershing’s Wove suite of advisory tools. The objective is to provide shared clients with capabilities that streamline operations and enhance client engagement. Noam Tasch, Head of Platform Sales at BNY Pershing, commented on the development, stating that such collaborations are a distinguishing feature of BNY Pershing’s Wove. Tasch noted that the capabilities introduced by PureFacts support BNY Pershing’s goal of simplifying, scaling, and evolving the wealth management experience for advisors. Pete Hess, President of PureFacts Financial Solutions, added that the combined efforts of PureFacts and BNY Pershing’s Wove will offer wealth management firms access to solutions designed to capture lost revenue and establish effective advisor compensation strategies and incentive plans. Founded in 2010, PureFacts Financial Solutions specializes in revenue management solutions for the investment industry. The company serves over 140 clients, collectively managing more than $10 trillion in assets. PureFacts’ wealth-tech solutions are integrated into the technology stack and service models of six of the ten largest wealth management firms across North America and Europe, aiding them in revenue growth through improved management of fees, compensation, and data-driven insights.