Source: BNY Mellon
BNY Mellon Asset Servicing, the global leader in securities servicing, has launched its new Trustee Board Reporting solution. This advanced reporting package combines asset liability matching information and advanced analytics alongside more traditional core performance and historic risk reporting to assist trustee boards and investment committees in evaluating the progress of their investment programmes.
The Board Reporting offering combines graphics and commentary to provide clients with sophisticated and bespoke analysis across three areas: Asset Liability Analysis - this report allows clients to track scheme funding levels, which can be impacted dramatically by a shift in those underlying variables that impact the assets and liabilities within a fund, such as interest rates, inflation and stock market movements.
Investment Performance Measurement - drawing on the expertise of BNY Mellon's long-established Performance and Risk Analysis business, this report presents traditional performance information in an innovative format designed to meet the key information requirements of trustees and pension fund managers. Operational Performance Measurement - this third component offers a sophisticated 'compliance health check' covering a broad range of operational activities.
The Board Reporting solution is customisable and therefore equally suitable for use by UK and Continental European pension plans looking to meet their reporting and compliance requirements, for example in respect of post-Myners guidelines in the UK or the Financieel Toetsingskader (FTK) legislation in the Netherlands.
Nadine Chakar, executive vice president and Head of Europe, Middle East and Africa (EMEA), BNY Mellon Asset Servicing, said: "Our clients can now access tailored asset liability information and advanced analytics as well as more traditional core performance and historic risk metrics via a single unified reporting package. We believe this solution raises the bar in terms of pension funds' ability to monitor their investments and their managers from both a performance and risk perspective."