BNY Mellon Asset Servicing Delivers Enhanced Global Analytical Capabilities

PR Newswire
LONDON
(NYSE:BK)
Aug 6, 2007

LONDON, August 6, 2007 — 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
  • Bahrain
  • Cyprus
  • Estonia
  • Kuwait
  • Latvia
  • Lithuania
  • Malta
  • Qatar
  • Romani
  • United Arab Emirates

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 www.bnymellon.com.