Since the company's founding in 1993, Albridge has established itself as a leading provider of data management and financial technology solutions for financial services companies.

Our long-term growth and the expansion of our service offering have resulted from internal evolutions, acquisitions and organic expansion. The following timeline gives an overview of our journey:

The Beginning
Albridge started as StatementOne, a privately held venture-backed firm. The company's focus was to develop easy to use, Web-based portfolio accounting and performance reporting tools to give broker-dealers and investment professionals access to consolidated statements without having to manually enter client information.

Growth and Expansion
Nearly a decade later, Inc. Magazine ranked Albridge Solutions #32 on its list of the 500 Fastest Growing Private Companies in America. In 2004, the company changed its name to Albridge Solutions and introduced a new generation of its service, with enhanced capabilities and integration ability. At the time, Albridge managed account data for more than 70 financial organizations, representing over $500 billion in total assets. In 2007, Albridge Solutions was acquired by PNC Financial Services Group, Inc. and became an integral part of the PNC Global Investment Servicing division, helping to expand their capabilities to support the managed accounts business.

Building the Future
In 2010, Albridge was acquired by Pershing, an affiliate of BNY Mellon. Pershing’s leadership in the broker-dealer and investment professional markets, combined with our heritage in data and performance management will enable us to deliver data-driven technology solutions to support all facets of a financial services firm—operations, compliance, business intelligence, performance reporting, data management and interoperability.