BNY Mellon expands platform to German-speakers 23 May 2012Frankfurt Reporter: Georgina Lavers
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BNY Mellon has launched a German-language version of its Workbench online reporting platform.
In addition to adding local language functionality for German clients, the new offering offers additional reporting capabilities in respect of derivatives transactions and invoice information.
Over the coming weeks, more than 200 client institutions will go live with the new German-language platform. Going forward, they will be able to choose to translate all aspects of their online experience, including receiving custody, KAG and depotbank reports, viewing news, responding to corporate actions, entering instructions, and confirming market and account information in either German or English.
Michelle Grundmann, Managing Director at BNY Mellon Asset Servicing in Germany, said: "Rolling out a German language version of Workbench has been a key priority during the integration programme following our acquisition of BHF Asset Servicing. In addition to the functionality we are making available to them today, we are already working on developing additional capabilities to further expand the German platform."
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