Financial Recovery Technologies Enters into a Strategic Alliance with BNY Mellon News provided by Share this article Share this article MEDFORD, Mass., April 27, 2021 /PRNewswire/ -- Financial Recovery Technologies ("FRT"), the leading provider of securities class action recovery services to the investment community, and BNY Mellon, today announced a strategic alliance to provide BNY Mellon clients a state-of-the-art solution to address the demand for better governance solutions associated with shareholder litigation monitoring and recovery. This collaboration will offer BNY Mellon's clients access to FRT's suite of comprehensive class action solutions including non-US and antitrust litigation. "The growth in the number and settlement dollars associated with non-US and antitrust recovery opportunities is requiring investors to expand their shareholder litigation recovery program beyond what is currently provided by custody banks," said Rob Adler, Chief Executive Officer, FRT. "This alliance ensures BNY Mellon clients have the most complete coverage and governance solutions to optimize their exposure to litigation opportunities."