BNY Mellon Introduces New Risk Management Service
BNY Mellon Risk View(SM) delivers enhanced investment transparency across all asset classes, including equities, fixed income and alternatives
NEW YORK, March 18, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has announced the launch of BNY Mellon Risk View(SM). A unique and powerful new service, Risk View combines data, visualization technology, and asset-specific expertise in a next-generation tool that can serve as a foundation for enhanced risk management.
BNY Mellon Risk View is based on an innovative approach to collecting, normalizing and managing investment data from multiple sources. Available through the company's Global Risk Solutions group, Risk View delivers extended transparency across all asset classes, including alternatives and derivatives. The service is designed for asset owner clients with a significant allocation to alternative investments, including hedge funds, funds of hedge funds, private equity, real estate and others.
"A still-volatile investment climate and greater regulatory oversight have institutional investors demanding extraordinary levels of transparency into their investments," said Debra Baker, head of Global Risk Solutions at BNY Mellon. "Still, transparency is just the first important step in the risk management process. Another key component is accumulating data across asset classes.
"This new capability marks one of many strategic actions we're taking to help clients solve an industry-wide information and service gap. We believe Risk View will dramatically impact the way they think about risk and report on their results, leading to improved investment oversight," Baker added.
Global Risk Solutions is one of the world's largest providers of sophisticated investment analysis tools, with $9.6 trillion in assets under measurement, 500 professionals at over a dozen global locations, and more than 1,300 clients.
BNY Mellon's Asset Servicing business supports institutional investors in today's fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of Dec. 31, 2012, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more at www.bnymellon.com, or follow us on Twitter @BNYMellon.
SOURCE BNY Mellon
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