BNY Mellon Asset Servicing, the global leader in asset servicing, has announced multiple enhancements to its core performance and analytical offering in support of an increasingly global client base.
Clients are now able to choose the language of reporting for key online performance and attribution reporting capabilities. In addition, coverage of non-US equity fundamentals has been boosted through focused improvements in Eastern Europe, Asia and the Middle East.
Debra Baker, Managing Director-Global Product Management, comments: "We have seen significant growth in our business, especially in Europe, and we recognise the need for solutions that meet local market requirements. The combination of The Bank of New York and Mellon's analytics offering along with deep product knowledge creates unrivalled capabilities for our clients. These enhancements reinforce to the market place that BNY Mellon Asset Servicing is committed to being a global player."
Alan Wilcock, European Product Management, added: "By expanding our local language capabilities our clients can tailor their reporting for internal review and distribution in the appropriate language. Our analytics are an important decision support tool. The improvements in coverage in the international markets will provide a more complete picture of exposures and sensitivities and provide further insight for our clients."
BNY Mellon Asset Servicing currently provides a wealth of standard reporting templates through its Workbench portal. As part of this enhancement, the following reports are now available to clients in English, German and Dutch languages with all phrases within a report translated, including titles and footnotes, column headers and the report body.
- Performance Summary
- Performance Summary by Asset
- Attribution Summary
- Attribution Summary by Asset
With this foundation other language options can now be introduced more easily subject to client demand and further reports are anticipated to have this language capability in the future.
BNY Mellon Asset Servicing's analytics provide fundamental and quantitative statistics to help determine the structure and style of portfolios.s.lios.ortfolios. Working with our vendors in response to a broadening of our client's investments, coverage is now available in the markets identified below. This coverage will provide a superior product to clients that invest in these regions/countries and also allow for better total level analytics on global equity indices.
- Bulgaria
- Bahrain
- Cyprus
- Estonia
- Kuwait
- Latvia
- Lithuania
- Malta
- Qatar
- Romania
- United Arab Emirates