BNY Mellon has been named Best Global Corporate Trust Services Provider for 2016 by Global Finance magazine.
In its award submission, BNY Mellon’s Corporate Trust group noted its competitive advantages include its strong credit ratings and balance sheet, extensive industry partnerships, ability to deliver global expertise to local markets, and access to scalable resources.
“Our clients view BNY Mellon as a dedicated partner with the financial strength and sophistication for a wide array of transaction types,” said Eric Kamback, chief executive officer of the Corporate Trust group. “We believe that this award reflects our commitment to support our clients and advance the industry through diverse offerings and enhanced technology.”
In announcing the 2016 winners in various financial services categories, Joseph D. Giarraputo, publisher and editorial director of Global Finance, said, “Global investors and institutions want to work with firms that are the safest and have the most in-depth knowledge of local markets and regulatory regimes. With these awards, we evaluate those providers that do the best job of securities servicing in increasingly complex global markets.”