BNY Mellon Asset Servicing, the in securities servicing, announced that it has enhanced its custody and asset servicing capabilities for corporate cash clients with a new reporting system that addresses the critical needs corporations have for transparent, timely
and actionable data to more efficiently monitor and manage their cash and short-term investments.
Complementing and fully-integrated with BNY Mellons existing corporate cash services, Clearwater Analytics advanced Treasury Analyst investment portfolio reporting application provides corporate treasurers with dashboard-style summary information and detailed tax lot data to support their investment activities and to satisfy regulatory and reporting requirements. The Treasury Analyst system for accounting, performance, compliance and risk reporting and analytics is integrated with Workbench, BNY Mellon Asset Servicings award-winning online
information delivery platform.
In todays climate, organizations have a critical need for transparent information on their investment portfolios in order to make accurate accounting entries, monitor compliance, measure performance, assess risk and make informed decisions, says Courtlandt Gates, Clearwater Analytics CEO. We are excited about the extension of our partnership with BNY Mellon Asset Servicing and our combined abilities to provide superior value and industry-leading investment portfolio reporting to our corporate cash/treasury clients.
Today more than ever, treasurers need sophisticated tools to monitor their short-term cash portfolios for market valuations and for compliance with investment guidelines and regulatory requirements, says Kerry White, first vice president for global product management at BNY
Mellon Asset Servicing. Adding the Clearwater Analytics reporting system to our robust array of cash and custody products meets a growing demand for comprehensive monitoring of short-term assets. Recent market volatility underscores the importance of being able to accurately monitor and manage the assets and liquidity of corporations of all sizes.
D.C.