The Bank of New York Mellon and Investor Analytics Form Strategic Alliance To Provide Enterprise-Wide Risk Management and Reporting

PRNewswire
BOSTON and LONDON
(NYSE:BK)
Jun 8, 2009

Extension of relationship strengthens focus on risk transparency and other solutions to meet growing regulator and investor demands

BOSTON and LONDON, June 8, 2009 — The Bank of New York Mellon (NYSE: BK), the global leader in asset management and securities servicing, announced that it has formed a strategic alliance with Investor Analytics (IA), a global leader in risk analysis and risk management solutions, to provide enterprise-wide risk analysis and reporting for asset owners and managers. The alliance will make IA's sophisticated risk analyses available to BNY Mellon clients worldwide, including banks, pension funds, asset managers, hedge funds, and other investment professionals.

Through this new alliance, BNY Mellon clients will have access to tools to measure and manage investment risks across multiple asset classes, strategies and portfolios using state of the art risk analytics, calculations, portfolio stress testing, and historical scenario analysis.

Asset managers are increasingly being asked by regulators and investors alike to provide multi-dimensional views as part of a comprehensive risk monitoring process. The new reports can be tailored to satisfy local regulatory requirements or investment norms, including UCITS III reporting, and complement BNY Mellon's existing analytic capabilities for single manager equity and fixed income funds, hedge fund of funds, and private equity portfolios. Clients who subscribe to the service will have multiple channels to access the reports, including on-line via BNY Mellon's Workbench platform as well as through Investor Analytics directly.

"Risk and the need for greater transparency have moved to the top of the agenda of financial institutions worldwide," said John Gruber, BNY Mellon Asset Servicing's head of Global Product Management, Performance & Risk Analytics. "Deepening our relationship with Investor Analytics allows us to bring superior risk management innovations to the market. By marrying our solutions, we're ideally placed to work closely with these institutions, facilitating the flow of data that informs their investment decisions."

Damian Handzy, chairman and CEO of IA added, "Investor Analytics is excited to be working with BNY Mellon to offer our unique market risk analyses in combination with the Bank's superior custody and back office services. Today more than ever, portfolio managers and investors are calling for specific risk transparency tools and reports that this strategic alliance is designed to address."

Recently, Investor Analytics unveiled A3, a new suite of advanced risk analytics for the investment management industry. Available to BNY Mellon clients alongside IA's existing platform, A3 provides unique reports that include liquidity risk exposures, potential fraud indicators, loss statistics, risk decompositions, and return attribution.

BNY Mellon has had an equity stake in Investor Analytics for five years and recently increased its investment.

Investor Analytics LLC, headquartered in Berkeley Heights, New Jersey with offices in Midtown Manhattan and Central Ohio, has been providing portfolio and risk management services to the hedge fund industry since 1999. Investor Analytics employs proprietary methodologies to analyze complex investment portfolios and provides clients with a suite of risk and transparency analyses.

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized 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 and other related companies.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 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, clearing services and treasury services through a worldwide client-focused team. It has $19.5 trillion in assets under custody and administration, $881 billion in assets under management, services more than $11 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.