Mellon Bank Corp. plans to unveil a computer program this month that will let its custodial clients check their investments' performance in real time.

Dubbed Investment Monitor, the risk-management program is a companion to Mellon's Executive Workbench, which gives the bank's custodial clients on- line access to their domestic and international holdings. The new product takes that service a step further by alerting clients when money managers stray from their investment guidelines.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.