BNY Mellon Asset Servicing Launches Workbench(SM) Mobile for the iPad®

First global custodian to provide reports and information to clients via mobile app

Company's second iPad service to be launched through BNY Mellon Connect(SM) Mobile portal

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Jul 25, 2011, 06:30 ET

BOSTON, July 25, 2011 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, announced the launch of Workbench(SM) Mobile, a new app enabling the firm's institutional clients to authorize instructions and securely access key reports and account information from their iPad®.

Workbench Mobile is available now for download to registered Workbench users at the App Store through BNY Mellon Connect(SM) Mobile. The new app will be accessible by more than 30,000 client users.

With Workbench Mobile, clients of BNY Mellon Asset Servicing will be able to easily view and monitor a wide range of account investment and performance data, industry news updates, and more. Available features include:

Recent Reports – view Workbench reports run over the past 10 days in PDF format
BNY Mellon Regulatory News – updates on industry regulations and thought leadership
Valuation Dashboard(1) – drill-down into account valuation changes and chart by manager, asset type, currency, country or security
Lookup Exposure to Issuers(1) – view portfolio exposure across accounts and asset classes
Authorize Cash Instructions(2) – for custody clients who manage cash through Workbench

"Plan sponsors and investment managers increasingly are using their mobile devices to stay informed, take action, and be more productive no matter where they happen to be," said Dan Wywoda, Head of Global Product Management for BNY Mellon Asset Servicing. "From proprietary systems to web-based platforms and now mobile apps, we're witnessing a revolutionary liberation of data that's transformed how people do business and how industries like ours need to respond.

"We worked closely with our mobile technology client advisory group to design the new app, ensuring their feedback was built into the final product, including the vital need for maintaining a protected, secure environment," Wywoda added.

Workbench Mobile was designed with crucial security features. BNY Mellon Connect Mobile is secured by multi-factor authentication through a combination of a user ID, password, and the mobile device identifier. First time users with existing valid BNY Mellon web-based log-in credentials will be taken through an enrollment process.

New features will be added to Workbench Mobile in the next release. Enhanced features will be delivered to users' mobile device automatically through the App Store. Features planned for future release include an iPhone app – designed for smaller devices like iPhones, Droids and newer Blackberries – plus additional content.

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through BNY Mellon and other related companies.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $26.3 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com and through Twitter @bnymellon.

(1) Available to clients who use BNY Mellon's investment accounting service

(2) Available to selected custody clients of BNY Mellon

SOURCE BNY Mellon