NEXEN (platform)
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Developer(s) | BNY Mellon |
---|---|
Initial release | 22 June 2015 |
Type | Financial services |
License | Proprietary commercial software |
Website | nexen |
NEXEN is a financial services platform developed by BNY Mellon. It features a web application, APIs, and data analytics tools to allow financial services clients to access the BNY Mellon's services, such as asset custody, broker-dealer services, and alternative investment services. NEXEN was launched in 2015, and is part of BNY Mellon's digital transformation efforts that began in 2012.[1]
Contents
Features
Gateway and App Store
NEXEN includes Gateway, a web application for users to access BNY Mellon services via browser on desktop, tablet, and mobile device.[2][3] Gateway is built using open-source technology, such as AngularJS. It provides users access to BNY Mellon services across multiple financial services segments in a single interface. As of June 2016, there are 10,000 entitled users to Gateway.[4]
BNY Mellon plans to include third parties on the NEXEN platform via an app store.[5][6] An example is a third-party app that performs sentiment analysis on asset managers' portfolio holdings.
APIs
NEXEN is built using API technology.[3] APIs are used to provide data and functionality to the user interface. Clients can also access more than 100 APIs directly using the NEXEN API Store. [4][5] The NEXEN platform uses open-source technology to run the APIs, such as WSO2.[7][8]
Data analytics
NEXEN includes data analytics tools through a feature called Digital Pulse.[5] This feature includes capturing more than one billion data events per month and using visual tools to display and analyze the data.[5] Activities, processes and transactions are all tracked via the same analytics feature, resulting in nearly 200 dashboards.[4][9]
References
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