OREANDA-NEWS. August 27, 2015. The SunGard system became available, in a limited capacity, late in the day on Tuesday, August 25, 2015. As a result, BNY Mellon was able to construct system-generated net asset values (NAVs) for Monday, August 24, 2015 for all affected funds. We worked through the night, but due to the limited capacity of the SunGard system, we have not yet been able to construct system-generated NAVs for Tuesday, August 25, 2015.

For mutual funds, we generated NAVs based on clients’ instructions. We were able to generate net asset values for certain exchange-traded funds (ETFs) however, for most of the affected ETFs, indicative net asset values were available for Tuesday, August 25, 2015, as directed by our clients and in coordination with the applicable exchanges.

We are working with SunGard to resume normal processing as soon as possible. We will continue to provide updates throughout the day.