A unique and powerful new service, Risk View combines data, visualization technology, and asset-specific expertise in a next-generation tool that can serve as a foundation for enhanced risk management.

BNY Mellon Risk View is based on an innovative approach to collecting, normalizing and managing investment data from multiple sources. Available through the company's Global Risk Solutions group, Risk View delivers extended transparency across all asset classes, including alternatives and derivatives. The service is designed for asset owner clients with a significant allocation to alternative investments, including hedge funds, funds of hedge funds, private equity, real estate and others.

"A still-volatile investment climate and greater regulatory oversight have institutional investors demanding extraordinary levels of transparency into their investments," said Debra Baker, head of Global Risk Solutions at BNY Mellon. "Still, transparency is just the first important step in the risk management process. Another key component is accumulating data across asset classes.

"This new capability marks one of many strategic actions we're taking to help clients solve an industry-wide information and service gap. We believe Risk View will dramatically impact the way they think about risk and report on their results, leading to improved investment oversight," Baker added.