Mellon Holds Beta-Tests: Risk-Monitoring System Set For Release In 1997


MELLON Trust is beta-testing Investment Monitor, a Microsoft Windows-based risk monitoring system that alerts users at remote sites when custodian-managed investments violate predetermined risk guidelines. The new product will join Mellon's Executive Workbench line, a suite of investment products for master trust and custody clients. A general release is scheduled for later this year.

Mellon Trust is the service mark for the institutional trust and custody services offered by Mellon Bank Corp., a

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