BNY Mellon Launches AccessEdge Upgrade

Sep 12, 2012

LONDON, September 12, 2012 — BNY Mellon, a global leader in investment management and investment services, has launched an upgrade to its AccessEdge collateral management portal, providing broker-dealers and institutional investors with improved online access to the status of their transactions.

BNY Mellon's AccessEdge portal connects dealers with investors, enabling real-time collateral transfers in a secure and efficient environment with respect to repo, securities lending, OTC, central counterparty (CCP) and other collateralised transactions.

The latest in an ongoing series of planned enhancements, the new upgrade means BNY Mellon's global clients can now more easily view their collateralised status in real-time via an interactive dashboard. The dashboard displays a client's aggregate collateral exposure, including the number of unmatched, mismatched or instructions currently open.

Users can also view the details of collateral positions and substituted cash collateral, as well as margin excesses and deficits.

James Malgieri, Executive Vice President, Global Collateral Services at BNY Mellon, said: "The enhancements to our AccessEdge portal make viewing collateral positions simpler and clearer, increasing transparency for our clients and helping them to make optimal use of the collateral and assets at their disposal. We have proven global capabilities when it comes to servicing our clients' collateral management needs and we continue to innovate and invest in the technology to support those capabilities. This latest evolution of AccessEdge demonstrates our commitment to supporting our clients as the regulatory environment continues to develop."

BNY Mellon is the world's largest global custodian with $27.1 trillion in assets under custody and administration and manages over $1.8 trillion in collateral transactions every day.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $27.1 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.5 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

This press release is issued by The Bank of New York Mellon to members of the financial press and media. All information and figures source BNY Mellon unless otherwise stated as at June 30, 2012. The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818. Branch office: One Canada Square, London E14 5AL. Authorised and regulated in the UK by the Financial Services Authority.