BNY Mellon launches German version of Workbench
BNY Mellon has launched a German language version of its Workbench online reporting platform.
The language update is matched with new capabilities in handing derivatives transactions an invoice information.
Over 200 clients are expected to go live with the new German language platform in coming weeks. In future they will be able to choose which language – German or English – they prefer for receiving reports on custody, viewing news, responding to corporate actions, and confirming market and account information.
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.”
Workbench is an online portal through which clients can access fund accounting and custody related information. Information on capital changes, orders, local market intelligence and new regulatory proposals and reforms is also available.