Strategic Partnerships and Innovation
Accelerate Your Growth
The BNY Ascent Program is designed to expedite your growth by solving real challenges through proofs of concept (POC). Emerging technology companies collaborate with BNY engineers, executive teams and clients to validate solutions.
How It Works
Throughout the year, BNY releases problem statements that are sponsored by senior executives. Series-A to Series-C emerging technology companies, creating cutting-edge solutions for the global financial industry’s greatest challenges, are invited to apply!
Through the program you will have opportunities to validate capabilities with clients, collaborators and other financial ecosystem participants, with the guidance of BNY subject matter experts.
Our goal is that a meaningful percentage of Ascent participants will continue to engage with BNY after completion of the program. Participants that enter into a commercial agreement will continue receiving mentorship and development opportunities, access to our Venture Capital Advisory Board as well as network introductions to clients, collaborators and other industry participants in the financial ecosystem.
Benefits of the Ascent Program
BNY Helps You Through:
Mentorship & Access: Confer with BNY senior leaders and subject matter experts to help unlock resources and connections, as well as have potential access to elite institutions and Fortune 500 companies.
Affiliation: Leverage our BNY Ascent Program Graduation badge to demonstrate successful program completion.
Technology Resources: Access to our global Innovation Centers and certain engineering resources in New York, London and Singapore.
Global Reach: Companies from all over the world can participate as access is virtual.
Solutions We’re Seeking
The BNY Ascent Program is driven by the strategic needs of our executive teams. We’re currently looking for solutions in the following areas:
Wealth Technology
AI Enhancing and enabled product stack
Capital Markets Technology
Information Security, Compliance and RegTech
If your solution is not a fit today, be the first to learn about new solution requests.
Global Venture Capital Advisory Board
When you join the BNY Ascent Program, you'll have access to prominent venture capitalists and investors from across the globe.
Who Should Apply?
Ideal candidates for the BNY Ascent Program are emerging technology companies with the listed attributes:
Participant Checklist
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FAQs
1. Does the BNY Ascent Program invest in participants?
Participants in the program do not receive an investment from BNY solely for participating. However, BNY is an active strategic investor that invests in companies that are aligned with our strategic priorities.
2. What is the time requirement?
The amount of time required depends on the time required to create the proof of concept (POC). Each POC is expected to run 3-6 months.
3. Is there a specific location for the Ascent Program?
No, everything can be done remotely.
4. What happens at the end of the POC?
At the conclusion of the POC, participants will receive feedback from the executive-level sponsor. If the POC is successful, it may improve the opportunity to enter into a commercial relationship with BNY. Additionally, participants will receive a BNY Ascent Program completion badge for use in external marketing.
*BNY is using the terms “Portfolio Company” and “Portfolio Companies” to identify those companies that The Bank of New York Mellon Corporation or its affiliates maintain either an equity or warrant interest in such company (in the latter case, The Bank of New York Mellon Corporation or its affiliates may never hold equity in any such company). Further, usage of this terminology is not intended to imply that any such company is wholly-owned by The Bank of New York Mellon Corporation or its affiliates, or that The Bank of New York Mellon Corporation or its affiliates own any minimum percentage of such company. By identifying these companies here, BNY does not recommend, endorse, or advise others to engage with these third-parties. You should discuss this material with appropriate advisors in the context of your circumstances before acting in any manner on this material or agreeing to use any of the referenced products or services and make your own independent assessment (based on such advice) as to whether the referenced products or services are appropriate or suitable for you. Trademarks, logos and other intellectual property marks belong to their respective owners.