BNY Mellon Asset Servicing has launched new securities lending dashboard style reporting capabilities to assist asset owners and asset managers in gaining greater visibility into their securities lending portfolio.
The new securities lending dashboard style reporting capabilities provide both detailed and executive summary level information on earnings, loan values, credit quality and other account activity designed to help decision-makers evaluate performance and potential exposures across their securities lending positions.
The dashboard includes: month-to-date lending revenue analysis that provides monthly earnings by security, including average market value available, market value on loan, utilization percentage, total and client spreads, and client earnings.
Executive reinvestment portfolio summary with detailed fund characteristics, floating rate index information, credit quality, asset class distribution, maturity schedule, top 10 issuers, daily rating changes, and exposure by industry.
Executive lending summary, designed for executive management and presented in graphical format, shows lending utilization by security and top five borrowers by security type. Also provides daily average returns, volumes and collateral percentages by loan type; earnings by asset class; cash versus non-cash collateral held by loan type; and top 10 earnings by security.
Kathy Rulong, global head of securities lending for BNY Mellon, said: “Asset holders are clearly devoting more attention to risk and demanding greater transparency in their reinvestment accounts. Our lending dashboard offers them a wide range of actionable data and key metrics with just a few clicks. The new reporting format provides clients with at-a-glance insight into their lending portfolio, supporting the decision-making they do daily to manage and maximize their plan’s objectives.”