BNY Mellon has been named to Fortune’s “America’s Most Innovative Companies” list for the second time since the award’s inaugural year in 2023. The firm ranks among the 200 companies leading in innovation, based on accomplishments including innovation in products, processes and culture.
“We are honored by Fortune’s recognition of our history of innovation at scale. This recognition belongs to our dedicated colleagues who continuously invent better ways to help our clients and set new benchmarks for our industry,” said Jayee Koffey, Global Head of Enterprise Execution and Chief Corporate Affairs Officer at BNY Mellon. “For 240 years, innovation has been deeply embedded in BNY Mellon’s culture and continues to power us forward as we advance the future of finance.”
Fortune ranked companies against three dimensions of innovation:
- Product innovation: Innovations in R&D, production, sales and marketing
- Process innovation: Innovations in the areas of production/operations, strategy, planning, controlling and quality assurance
- Innovation culture: This primarily includes the introduction of a corporate culture that promotes creativity and entrepreneurial spirit
As the first company listed on the New York Stock Exchange, BNY Mellon’s commitment to innovation is foundational to the firm’s culture. This same spirit of innovation has guided advancements including bringing real-time payments to the market in the U.S. and launching the first-of-its-kind platform for wealth managers through Pershing’s Wove.
Learn more about BNY Mellon’s commitment to innovation here.
For details on Fortune’s methodology, please visit Fortune.com.