Crystal Capital Partners Extends Its Alternative Investment Connectivity Capabilities With Bank of New York Mellon

MIAMI, FL / ACCESSWIRE / September 24, 2020 / ​​​​Crystal Capital Partners has
expanded and continues to build on its strategic relationship with Bank of New
York Mellon (BNY Mellon). This expansion builds upon the existing relationship
Crystal has with BNY Mellon's Alternative Investment Solutions, which provides
a full range of services, market reach and expertise to alternative asset
managers.

In Crystal's commitment to providing a high-tech alternative investment
experience, they are one of the early adopters among BNY Mellon's clients to
utilize and integrate their Balance Reporting API. The Balance Reporting API
is the first of many in BNY Mellon's API store that Crystal plans to utilize
to streamline internal workflows. Crystal and BNY Mellon have had a strategic
relationship for over a decade and continue to work together on future
rollouts of transaction/trade-related APIs in terms of configuration,
onboarding and testing.

"Advisors continue to look for efficient ways to incorporate alternative
investments into their clients' portfolios. From an operational standpoint,
our connectivity with BNY Mellon will provide clients with a streamlined
workflow that allows for a simple electronic subscription documentation
process, followed by an API that provides instant access to timely
client-facing reporting," said Michael Hoyer, CFO of Crystal Capital Partners.

"We are very pleased to be working with Crystal Capital Partners to integrate
our Balance Reporting solution to simplify and bring greater efficiencies to
the reporting process," said Michael Bellacosa, Global Head of Payments and
Transaction Services at BNY Mellon. "Our open ecosystem allows for quicker
access to technologies that help our clients drive their business forward, and
our API portal simplifies the integration process to accelerate solutions
delivery."

In addition to integrating with BNY Mellon's Balance Reporting API, Crystal
has developed an Artificial Intelligence (AI) layer that helps deal with
unstructured data commonly found in operational systems of custodial
platforms. "This unique AI approach now powers Crystal's in-house electronic
subscription process and has introduced tremendous efficiencies in what was
traditionally a manual and time-intensive undertaking," reports Salomon Gorin,
CTO of Crystal Capital Partners.

"With 25 years of experience, it is our ongoing effort to remove the
complexities and barriers associated with alternatives. We are so grateful to
work with a network of willing vendors and financial advisors that want to
leverage our expertise, technology and infrastructure for the growth of their
business and to spread the accessibility of the alternative investment
industry," stated Steven Brod, CEO of Crystal.

BNY Mellon's engagement with Crystal exemplifies its consultative approach to
addressing client service - understanding what their unique requirements are
and delivering technology and solutions tailored to meet clients' individual
needs. BNY Mellon has demonstrated its willingness to work with Crystal for
this operational and technical integration, which, in turn, benefits financial
advisors and their clients.

About Crystal Capital Partners
Crystal Capital Partners is a leading turn-key alternative investment
platform, empowering financial advisors with exposure to third-party
institutional private equity and hedge funds for their clients' portfolios.
Crystal's clients include independent advisors, regional banks, IBDs and
multi-family offices. Crystal is a Registered Investment Advisor headquartered
in Miami, Florida.

Disclosures
This is for informational purposes only and is not investment advice or an
offer to sell or the solicitation of an offer to buy any interest in any
entity or investment vehicle. Any offer to sell or solicitation to invest will
only be made through the Offering Documents of one or more investments managed
by Crystal and will be qualified in its entirety in accordance with all
applicable laws. These investments carry certain risks, see Offering Documents
for more information.

Media Contact:
Natalie Brod
Phone: 305.868.1500
Email: [email protected]

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SOURCE: Crystal Capital Partners

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