BoNY Beefs Up INFORM Client Platform

July 7, 2004 ( - The Bank of New York (BoNY) has launched a series of improvements for its INFORM Web site for institutional and corporate clients.

The company said in a news release that the enhancements include centralized reporting capabilities which offer report selection options, a variety of delivery destinations in standard export formats, and scheduling capabilities. The available reports include:

  • risk analysis
  • class action reporting
  • compliance monitoring
  • cash management
  • trade finance
  • corporate action
  • settlements.

Also added to the system is a customization functionality allowing individuals to change passwords and user groups, a capability which enables users to perform multiple roles without signing on with new, separate passwords, the company said.

BoNy said other INFORM changes involve:

  • a central repository for all subscription products with one-click access. The improved user administration capability makes it easier to manage employee access to company information.
  • A library of market and industry information, data dictionaries and learning tools, as well as a new interactive tutorial on INFORM’s features and functionality.

BoNY said INFORM is accessed by more than 43,000 users representing 5,000 institutional and business clients.