Bank of New York Mellon - Announcements, Interviews & News Stories

BNY Securities Group upgrades interComm technology

BNY Securities Group, The Bank of New York's institutional agency brokerage, clearing and financial services outsourcing sector, has enhanced its commission management portal to improve commission reporting transparency and assist clients in managing their increasing regulatory obligations.

16 August 2004

/wholesale

Pershing technology development group receives CMM Level 3 rating

Pershing LLC, a member of BNY Securities Group and subsidiary of The Bank of New York, announced today that its technology development group has been assessed at CMM Level 3 for its software development process.

11 August 2004

/Sibos

Mellon Global Cash Management introduces wholetail lockbox service

Mellon Global Cash Management (GCM) today announced the availability of wholetail lockbox services for the private-label clients it serves through Mellon Enterprise Cash Management, a premier provider of private-label cash management outsourcing solutions for financial institutions.

03 August 2004

/retail

Mellon introduces retail lockbox services for the private label clients

Mellon Global Cash Management (GCM) today announced the availability of retail lockbox services for the private label clients it serves through Mellon Enterprise Cash Management. Mellon Enterprise, an independent unit of Mellon Global Cash Management, is a premier provider of private-label cash management outsourcing solutions for financial institutions of all sizes.

29 July 2004

/retail

TIAA-CREF signs with Mellon

Mellon Financial Corporation (NYSE:MEL) announced that its Mellon Global Securities Services (GSS) group has been awarded contracts for outsourcing and custody to support TIAA-CREF's new institutional asset management unit. Under the contract, Mellon will provide middle and back-office outsourcing, accounting and custody, while its affiliate, Russell/Mellon, will supply performance measurement and analytics.

16 July 2004

/wholesale

Bank of New York upgrades Inform platform

The Bank of New York, a global leader in securities servicing, has introduced a series of enhancements to INFORM, the company's Internet-based information delivery and transaction platform for institutional and corporate clients.

08 July 2004

/payments

BoNY launches electronic collection and disbursement service

The Bank of New York, a global leader in securities servicing, is offering its treasury management clients new electronic collection and disbursement capabilities that significantly streamline the bill paying process for businesses and the consumers they serve.

17 June 2004

/wholesale

Pershing upgrades online brokerage platform

Pershing LLC, a member of BNY Securities Group and a subsidiary of The Bank of New York, has unveiled NetExchange Pro(R) 3.0, a new version of its online brokerage platform for introducing broker-dealer customers and their investment professionals.

09 June 2004

/Sibos

Mellon to upgrade wholesale lockbox platform

Mellon Global Cash Management (GCM) today announced that it will upgrade its nationwide wholesale lockbox platform with rich, new-generation solutions designed to significantly increase customer capabilities, accelerate remittance processing and enhance worker productivity.

13 May 2004

/Sibos

BoNY to offer Internet-based Lockbox services to treasury management clients

The Bank of New York, a global leader in securities servicing, has begun offering its treasury management clients Internet access to its image lockbox product.

13 May 2004

/wholesale

Mellon Global Securities Services completes CMM Level 3 reappraisal

The software engineering team that supports Mellon Global Securities Services (GSS) has successfully completed its first CMM® (Capability Maturity Model®) Level 3 reassessment, becoming Mellon's second information technology delivery group to meet the demanding requirements for CMM Level 3 renewal.

10 May 2004

/Sibos

Mellon's treasury systems group completes CMM Level 3 reappraisal

Mellon Financial Corporation's Treasury Systems software engineering team -- the group that supports Mellon's activities in the areas of global cash management; foreign exchange; fixed income securities underwriting, distribution and trading; trade banking; and management of global exposure and risk -- has become the first group within Mellon to renew its CMM(R) (Capability Maturity Model(R)) Level 3 assessment.

25 March 2004

Company updates