Over 2008, the company will add ten more languages including Portuguese, Traditional Chinese, French, Spanish, Italian, German, Dutch, Russian, Japanese, and Korean to facilitate expanded use by its growing multilingual international user base.

This latest enhancement to BNY Mellon's reporting capabilities will allow clients the convenience of being able to translate their reports into the local language of their choice. When clients choose to import data files such as excel; column headings will be provided in the selected local language enabling the creation of local language reports. Multilingual formats supported will include web drill-down, PDF, Excel, XML, CSV, TSV, and text. Previously all information was only available in English.

Clients can now request 14 different daily reports and data files in Chinese covering all aspects of their accounts in custody with BNY Mellon including DDA statements, pending trades, corporate actions, transaction status, holdings, income projections, and maturities. By the end of 2008, BNY Mellon will release another 20 reports supporting 11 languages for use by its customers around the globe.

"BNY Mellon has long been known for its easy to use, real-time drill-down reporting," said Steve Boor, director of Global Information Delivery at BNY Mellon Asset Servicing. "This year we are taking our reporting to the next level by offering it in real-time, 24 hours a day, 7 days a week, in 11 different languages. This global product leap will dramatically improve the accessibility of our asset servicing offering in a number of global growth markets like China."

"Asia is the fastest growing part of our business and clients increasingly need more sophisticated tools and technology to meet their rapidly evolving needs," said Chong Jin Leow, head of Asia at BNY Mellon Asset Servicing. "The availability of Chinese reporting will greatly enhance our ability to service our clients, especially within the important Qualified Domestic Institutional Investor market in China."