New Feature of Collateral Universe Offers Deep View of Exposure and Risks, Enhancing Overall Liquidity Management and Control of Investments

NEW YORK, October 28, 2013 — BNY Mellon, the global leader in investment management and investment services, has added to its arsenal of risk and collateral management-related services with the introduction of the Liquidity Aggregator, available through the company's Liquidity DIRECT(SM) portal.

"As Markets expand globally, the need to analyze and quantify your portfolio return and liquidity risk is paramount. The Liquidity Aggregator offers clients a deeper view of exposure and risk, which is essential to managing their investments," said Kurt Woetzel, CEO of BNY Mellon's Global Collateral Services (GCS) business.

"Nearly all financial transactions and commitments have liquidity implications," said Jonathan Spirgel, EVP and head of GCS sales and relationship management at BNY Mellon. "To be highly effective, liquidity risk management requires insights, tools, products and services that support a client's ability to both maximize liquidity and analyze investment exposure."

The Liquidity Aggregator, a companion to BNY Mellon's Liquidity DIRECT(SM) solution, was created to help clients gain a new level of insight into their investments, across all US and Non-US Domiciled Funds in their portfolios. The system is designed to help clients actively monitor and help to control liquidity risk exposures and manage funding needs, taking into account security types; country and region of exposure; country and region of risk; weighted average yields and maturities. Clients can leverage the new dashboard across their entire investment portfolio to view:

• Exposure across all funds with positions;
• Money market mutual fund full holdings in a single place;
• Largest holdings in the portfolio by security type and issuer across multiple funds,
  with the ability to determine shared securities; and
• Trends and reporting for month-end and at 6-month intervals for money market mutual funds daily yields, WAM and holdings.   

These sophisticated liquidity tools are the latest innovation and a key component of BNY Mellon's Collateral Universe(SM), the company's suite of second generation collateral management capabilities and solutions, designed to help buy-side clients manage the impact of marketplace and regulatory change on their investment processes.

BNY Mellon's Global Collateral Services business offers a comprehensive suite of capabilities to help its clients address their collateral, liquidity and securities financing needs. As they face evolving global regulations and rapidly changing market requirements, clients can leverage BNY Mellon's products and services to better manage counterparty and market risk in their collateral transactions, engage in more investment opportunities to help maximize their investment returns and access new financing alternatives. BNY Mellon currently services USD$2 trillion in tri-party repo collateral globally and approximately USD$100 billion in assets through its Liquidity DIRECT(SM) investment portal, and operates one of the industry's largest securities lending programs, with USD$2.5 trillion in lendable assets.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of September 30, 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration, and $1.5 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. 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.