The Bank of New York upgrades depositary receipts website

Source: The Bank of New York

The Bank of New York, a global leader in securities servicing, has launched an enhanced version of its depositary receipts (DR) website, The new website offers a comprehensive DR directory that allows users to find detailed information on specific DR programs and the DR market at large, several new interactive capabilities and streamlined navigation to greatly improve the user experience.

The Bank's DR Directory, which is the most comprehensive repository of DR market data available in the industry, enables users to search program information by region, country, industry or stock exchange. This flexible market research tool offers data on nearly 2,200 DR programs and provides links to each issuer's corporate profile. Users can also access a new "DR University," an educational resource for DR basics and benefits and in-depth product and market information.

The website also features customized DR watchlists that enable users to track up to 50 securities, as well as interactive performance charting, a powerful tool that allows users to compare up to nine DRs, stocks, indices and mutual funds. Additionally, the website serves as a single platform for interactive performance analytics; detailed market analyses; a proprietary global equity portfolio analysis tool, DR Converter; current DR price quotes; corporate action and dividend announcements; and market news.

Christopher Sturdy, executive vice president and head of The Bank of New York's Depositary Receipt Division, said, "Our enhanced DR website is a one-stop resource for information on ADRs and GDRs around the globe. Whether you are an investor learning about DRs, an issuer monitoring your program's performance or a broker seeking to simplify your DR-related efforts, the website has all the information you need in a format that's easy to access."

The homepage provides separate entry points for issuers, investors, and brokers, enabling users to easily access sites customized to the particular client group. DR issuers can access topical market information as well as interactive management reporting tools to assess their program's performance, investors can download DR performance data and educational articles, and brokers can obtain corporate action information and employ a wide range of tools.

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