The Bank of New York, a global leader in securities servicing, has launched INFORM Central, a new web-based information delivery portal, which will provide fully customised accounting and performance reporting information designed specifically for European pension clients.
INFORM Central, which will be made available to all of the Bank’s clients who utilise its investment accounting services, will enable users to view graphic highlights of their data and access the accompanying underlying information. The system also uses push technology to provide bespoke reports that clients can access on their own homepage, as well as access to a wide range of additional functionality such as class actions reporting.
“We are always striving to provide our clients with relevant and up-to-date information on their portfolios in easy accessible formats and INFORM Central is another step forward in helping us achieve this availability,” says Robert Darmanin, managing director and head of European pensions and custody at The Bank of New York. “The system showcases our commitment to deliver flexible information-based services that enable our clients to manage their financial assets in real time, anywhere in the world.”
INFORM Central is an add-on to INFORM, which already allows clients to access customised reports at any time of the day, in a variety of formats. It is accessed by more than 43,000 users, representing 5,700 institutional and business customers and offers a diverse range of information solutions, including accounting, asset servicing, cash management, trade finance, collateral management, compliance monitoring, regulatory reporting, retirement services, risk/return analysis, and securities lending.