Bank of New York Launches ADR Inform Analytics Tool For ADR Issuers

The Bank of New York has introduced ADR INFORM, an American depositary receipt issuer analytics and reporting tool. Using Internet technology, ADR INFORM aims to provide the bank's depositary receipt clients with a framework to monitor and manage depositary receipt

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The Bank of New York has introduced ADR INFORM, an American depositary receipt issuer analytics and reporting tool.

Using Internet technology, ADR INFORM aims to provide the bank’s depositary receipt clients with a framework to monitor and manage depositary receipt programmes.

ADR INFORM analyzes cross border broker activity, trading volume and value, and enables users to develop shareholder identification and relations programmes.

Issuers can compare and contrast their programme’s performance, in terms of size and value, with industry and country peers or the ADR Composite Index as a whole.

“The Bank of New York’s leading depositary position is clearly strengthened by the many innovations we have developed for the depositary receipt market,” says Christopher R. Sturdy, managing director and head of The Bank of New York’s Depositary Receipt Division. “Our latest enhancement, ADR INFORMSM, reflects our strategic focus on delivering the most advanced information resources to our clients.”

The Bank of New York currently issues depositary receipts for more than 1,400 programs from companies in 70 countries. The bank claims a 67% share of all public sponsored depositary receipt programs.

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