BNY Mellon Asset Servicing Delivers Enhanced Global Analytical Capabilities
August 06 2007 - 6:18AM
PR Newswire (US)
LONDON, Aug. 6 /PRNewswire-FirstCall/ -- BNY Mellon Asset
Servicing, the global leader in asset servicing, has announced
multiple enhancements to its core performance and analytical
offering in support of an increasingly global client base. Clients
are now able to choose the language of reporting for key online
performance and attribution reporting capabilities. In addition,
coverage of non-US equity fundamentals has been boosted through
focused improvements in Eastern Europe, Asia and the Middle East.
Debra Baker, Managing Director-Global Product Management, comments:
"We have seen significant growth in our business, especially in
Europe, and we recognise the need for solutions that meet local
market requirements. The combination of The Bank of New York and
Mellon's analytics offering along with deep product knowledge
creates unrivalled capabilities for our clients. These enhancements
reinforce to the market place that BNY Mellon Asset Servicing is
committed to being a global player." Alan Wilcock, European Product
Management, added: "By expanding our local language capabilities
our clients can tailor their reporting for internal review and
distribution in the appropriate language. Our analytics are an
important decision support tool. The improvements in coverage in
the international markets will provide a more complete picture of
exposures and sensitivities and provide further insight for our
clients." BNY Mellon Asset Servicing currently provides a wealth of
standard reporting templates through its Workbench portal. As part
of this enhancement, the following reports are now available to
clients in English, German and Dutch languages with all phrases
within a report translated, including titles and footnotes, column
headers and the report body. -- Performance Summary -- Performance
Summary by Asset -- Attribution Summary -- Attribution Summary by
Asset With this foundation other language options can now be
introduced more easily subject to client demand and further reports
are anticipated to have this language capability in the future. BNY
Mellon Asset Servicing's analytics provide fundamental and
quantitative statistics to help determine the structure and style
of portfolios. Working with our vendors in response to a broadening
of our client's investments, coverage is now available in the
markets identified below. This coverage will provide a superior
product to clients that invest in these regions/countries and also
allow for better total level analytics on global equity indices. --
Bulgaria -- Lithuania -- Bahrain -- Malta -- Cyprus -- Qatar --
Estonia -- Romania -- Kuwait -- United Arab Emirates -- Latvia BNY
Mellon Asset Servicing offers clients worldwide a broad spectrum of
specialised asset servicing capabilities, including custody and
fund services, securities lending, performance and analytics, and
execution services. BNY Mellon Asset Servicing provides services
through The Bank of New York, Mellon Bank, N.A. and other related
companies. The Bank of New York Mellon Corporation is a global
financial services company focused on helping clients manage and
move their financial assets, operating in 37 countries and serving
more than 100 markets. The company is a leading provider of
financial services for institutions, corporations and
high-net-worth individuals, providing superior asset management and
wealth management, asset servicing, issuer services and treasury
services through a worldwide client-focused team. It has more than
$20 trillion in assets under custody and administration and more
than $1 trillion in assets under management. Additional information
is available at http://www.bnymellon.com/. DATASOURCE: BNY Mellon
Asset Servicing CONTACT: Louisa Bartoszek of BNY Mellon Asset
Servicing, +44-20-7163-2826, Web site: http://www.bnymellon.com/
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