A turnkey managed account solution designed to help advisors realize increased efficiencies and drive scale is now available to clients of BNY Mellon’s Pershing Advisor Solutions, the firm said Wednesday.

The wrap program Managed360, first offered by BNY Mellon’s Lockwood Advisors, is now available to RIAs via the Pershing Advisor Solutions brokerage platform.

The program combines investment selection, due diligence and comprehensive proposal and reporting capabilities with institutional-quality research delivered by Lockwood and supported by the BNY Mellon Manager Research Group.

Among its enhanced functionality, the program features separately managed accounts, unified managed accounts, mutual fund wrap accounts and third-party strategists, as well as a faster onboarding process.

“Managed360 is designed to deliver a scalable, ready-to-use solution to help advisors streamline investment and account management,” Joel Hempel, Lockwood’s chief operating officer, said in a statement. “Efficiencies created by the turnkey solution are designed to allow advisors more time to focus on investors and growing their business.”

According to the announcement, Managed360 is fully integrated within Pershing’s technology platform, NetX360, which allows advisors to use one technology platform for their assets and find ways to improve their operational efficiencies.

The latest development comes several months after the rollout of ManagedConnect — a dual-contract managed account offering  for RIAs that includes more than 180 strategies from industry leading and boutique separately managed account money managers.

“Dual-contract offerings represent a rapidly growing part of our business,” Ben Harrison, Pershing’s head of new business development, said in a seperate statement.

“ManagedConnect provides RIAs with access to a roster of published dual contract managers through a simplified and more expedient onboarding process. By the same token, the platform allows managers to get increased exposure among the rapidly growing RIA segment,” he explained.