10/18/04
NEW YORK, October 18, 2004 - The Bank of New York, a global leader in securities servicing, has enhanced its BNY Investor Reporting website to better respond to the full range of reporting, inquiry and information delivery needs of its corporate trust clients, their investors, and third-party providers.
Based on an extensive study with clients and industry leaders, the enhancements have transformed the site into a sophisticated web-based information management solution. The most notable enhancement is the introduction of "My Portfolio," a robust new customization tool for users to manage their investment information and reporting requirements. The site’s major enhancements include:
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Reports that are customized and exported in multiple formats (PDF or spreadsheets) with optional e-mail notification
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The ability to customize homepage content, add and delete accounts, create multiple screen views, and select reporting preferences
- A new look and feel with intuitive global navigation.
Taken together, the website’s enhancements constitute a new level of service, raising the bar for advanced information management and reporting solutions.
Karen B. Peetz, executive vice president and Head of the corporate trust division at The Bank of New York, said, "The Bank of New York has a long history of leveraging innovative technology to produce solutions focused on our clients’ needs. Enhancing our BNY Investor Reporting website is a great example of this client focus. We have worked diligently with issuers and investors alike to anticipate and understand their needs. Our collaborative efforts have resulted in what clients tell us is the market leader in portfolio information management and reporting solutions."
The Bank of New York is a leading provider of corporate trust and agency services. The Bank and its subsidiaries and affiliates administer a portfolio of more than 90,000 trustee and agency appointments, representing more than $1 trillion in outstanding securities for more than 30,000 clients around the world. The Bank is a recognized leader for trust services in several debt products, including corporate and municipal debt, mortgage-backed and asset-backed securities, derivative securities services and international debt offerings.
The Bank of New York Company, Inc. (NYSE: BK) plays an integral role in the infrastructure of the capital markets, servicing securities in more than 100 markets worldwide. The Company provides quality solutions through leading technology for global financial institutions, asset managers, governments, non-profit organizations, corporations, and individuals. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has a distinguished history of serving clients around the world through its five primary businesses: Securities Servicing and Global Payment Services, Private Client Services and Asset Management, Corporate Banking, Global Market Services, and Retail Banking. Additional information on the Company is available at www.bankofny.com.
This announcement is not an offer to sell or a solicitation of an offer to buy any securities. The offering is made only by means of the prospectus.
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