This solution combines FundBank’s fund-centric banking and payment infrastructure with BNY’s LiquidityDirect℠ platform that provides cash and liquidity management capabilities, helping managers to better centralise, safeguard, and optimise cash across fund structures, SPVs, and management companies.
As private markets continue to institutionalise, fund managers face growing complexity around capital flows, regulatory oversight, and operational governance. Together, FundBank and BNY can help address these challenges by offering a scalable, platform-driven approach to liquidity management designed to operate within the operational and regulatory frameworks applicable to modern AIF structures.
Through this collaboration, alternative asset managers can access solutions designed to support cash management across the full fund lifecycle, from capital raising and deployment to distributions and wind‑down. Key benefits include:
- Centralised visibility of cash positions across funds and entities
- Automated liquidity optimisation using high quality, institutional liquidity solutions
- Improved governance, controls, and reporting to support regulatory and liquidity provider (LP) requirements
- Infrastructure designed for scale, reducing operational complexity as fund strategies grow.
The solutions are intended to help managers reduce idle cash, enhance operational resilience, and improve transparency without altering existing fund economics or investment strategies. FundBank and BNY share a focus on delivering infrastructure that integrates seamlessly into existing fund operating models.
“By combining FundBank’s purpose-built banking framework for alternative funds with BNY’s long-standing expertise in liquidity, treasury, and custody services, we are able to offer a trusted, institutionally-aligned solution for private markets participants. Alternative asset managers are increasingly looking for liquidity solutions that match the sophistication of their investment strategies,” said Kieran Dowling, Chief Business Development Officer at FundBank (Europe) S.A. “This strategic collaboration with BNY enables us to support clients with infrastructure that enhances control, efficiency, and transparency across complex fund structures.”
“This collaboration reflects BNY’s focus on delivering scalable, trusted infrastructure that meets the evolving needs of private markets. Together with FundBank, BNY is providing AIFMs and GPs with enhanced visibility, control, and efficiency, bringing treasury discipline and cash governance to the forefront of modern alternative investment operating models,” said Clint Craft, Executive Platform Owner, Liquidity & Margin Platform, BNY.
By providing access to institutional grade liquidity solutions within a fund-focused banking framework, FundBank and BNY aim to support AIFMs and GPs as they respond to:
- Increased regulatory scrutiny
- More detailed LP due diligence
- Greater operational and reporting complexity
- The gradual evolution toward more real-time and digital financial infrastructure.
The collaboration between FundBank and BNY reflects a broader shift within private markets, where operational excellence, treasury discipline, and cash governance are becoming strategic priorities alongside the traditional focus on investment performance.
About FundBank Group
Powered by cutting-edge technology, FundBank Group delivers industry-leading banking solutions to the global asset management industry. Our comprehensive and innovative banking services are complemented by an exceptional user experience. Through our purpose-built platform and deep sector expertise, we deliver the speed, clarity, and confidence the industry has long been waiting for. FundBank revolutionises banking for investment funds and managers, allowing them more time to focus on what they do best, managing their portfolios and generating alpha.
FundBank (Europe) S.A. is authorized as a Credit Institution in Luxembourg and supervised by the CSSF. FundBank (Europe) SA operates in Luxembourg and through a branch in Ireland.
FundBank Ltd. is regulated as a Class B bank and Trust company in the Cayman Islands and is also a Registered Person under the Securities Investment Business Act.
FundBank N.A. has operations in Austin, Texas and is a National Trust Bank chartered by the Office of the Comptroller of the Currency.
About BNY
BNY is a global financial services platforms company at the heart of the world’s capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of March 31, 2026, BNY oversees $59.4 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.
Media Contact for BNY
Meghan Carbone
Meghan.Carbone@bny.com