BNY Mellon has added new features to its performance and risk analytics reporting that offer new interactive capability enabling clients to customize, drill-down, and gain greater insight into their portfolio returns.
The company’s new Interactive Performance Report (IPR) makes these new features available to institutional clients through Workbench, BNY Mellon Asset Servicings information delivery portal. IPR allows users to view and customize performance-related data by options including rate of return by account or asset class, and to drill-down on select data by asset classification such as by country, sector or industry. Performance and attribution results can be viewed for daily, weekly and custom time periods.
“IPR takes a big step forward in customization and more granular performance detail, all of which enhances reporting transparency for plan managers and sponsors,” said John Gruber, managing director, global product strategy for BNY Mellon Asset Servicings Performance & Risk Analytics group.
BNY Mellon has announced several enhancements to its performance and risk analytics product line this year, often working with leading data and software providers. In April, BNY Mellon and the Burgiss Group introduced Private iQ”, a new private capital benchmarking service, which followed its March launch of new functionality that allows institutions to access their public and private market investments in a single location via Workbench.
(JDC)