CIBC Mellon, the joint venture custody business of Canadian Imperial Bank of Commerce and Pittsburgh-based Mellon Financial Corporation, has added CIBC World Markets economic research to its Workbench Internet portal.
Workbench provides real-time access to a variety of cash, custody, accounting and analytical reports with search, drill down and export capabilities. Other features include real-time inquiry, customisable general and regional settings and live online support.
In addition, Workbench has a global reference library for news updates, market profiles, depository risk profiles, market commentaries, currency analysis and an online global settlement guide offering trading information and instructions. Future enhancements are to include home page content customisation, delivery of corporate action notifications and response system, trade entry/data import, and performance measurement.
Tim Dixon, CIBC Mellon senior vice president, relationship management, says: "The ability for Workbench users to receive CIBC World Markets economic research, alongside Mellon and Russell/Mellon market commentary, provides our clients with well-rounded market coverage."