March 2008

Message from the CEO

At CIBC Mellon we know that when the markets are challenging, even more emphasis needs to be placed on achieving operational efficiencies, mitigating risk and enhancing portfolio returns. As your valued business partner, we strive to provide you with the up-to-date, accurate and customized information that you need to facilitate your decision-making process.

As part of BNY Mellon Asset Servicing, CIBC Mellon is one of the top-ranked information technology innovators in the financial services industry. Over the next three years, The Bank of New York Mellon plans to invest US $2.1 billion in technology and related services specifically committed to support our asset servicing clients. 

For you, this means:

• Continued enhancements to Workbench, our industry-leading online information delivery system
• Comprehensive access to real-time inquiry for trade information, cash positions and corporate actions with a single online point of entry
• Extensive report-building capabilities to enhance your internal and client reporting requirements
• The ability to process all types of securities and cash movements in real time
• A fully integrated multicurrency technology platform

We are confident that these investments and continued product development will give you the information and tools you need to navigate whatever challenges the markets present.

By Thomas C. MacMillan, president & chief executive officer at CIBC Mellon

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Trade Talk® is provided for general information purposes only and CIBC Mellon Global Securities Services Company, CIBC Mellon Trust Company, CIBC, The Bank of New York Mellon Corporation and their affiliates make no representations or warranties as to its accuracy or completeness. Readers should be aware the content of this publication should not be regarded as legal, tax, accounting, investment, financial or other professional advice nor is it intended for such use.