Named European Broker/Dealer Custody & Clearing Provider of the Year
Awarded Fund Administrator of the Year: Ireland for fifth consecutive year
Winner of Custodian of the Year: Netherlands category
LONDON, January 11, 2011 — BNY Mellon, the global leader in asset management and securities servicing, has been honoured with three awards at International Custody & Fund Administration (ICFA) magazine's European Awards 2010, held in London.
BNY Mellon Broker-Dealer Services (BDS) was named European Broker/Dealer Custody & Clearing Provider of the Year for the second year in a row.
For an unprecedented fifth year in a row BNY Mellon won the Fund Administrator of the Year: Ireland award. BNY Mellon was recently ranked the #1 administrator in Ireland (by assets held) for the third consecutive year in Lipper's 2010 Ireland Fund Encyclopaedia.
BNY Mellon Asset Servicing was also named Custodian of the Year: Netherlands.
Tim Keaney, Chairman of Europe at BNY Mellon, said: "The award of these accolades in ICFA magazine's well-established and respected survey of European providers recognises our ongoing commitment to service excellence as well as the creativity and dedication of our staff across the region. I'd like to congratulate all the teams involved for their continued hard work. Securities servicing is core to BNY Mellon's global business and we remain committed to raising the bar when it comes to providing our clients with the solutions they need to succeed and grow their businesses."
BNY Mellon Broker-Dealer Services is the leading provider of tri-party collateral management services, servicing more than $1.5 trillion in tri-party balances worldwide. It also clears fixed income and equity transactions in more than 100 markets globally and is the leading clearing agent for U.S. government securities.
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialised asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $24.4 trillion in assets under custody and administration and $1.14 trillion in assets under management, services $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com.
This press release is issued by The Bank of New York Mellon to members of the financial press and media. All information and figures source BNY Mellon International unless otherwise stated as at September 30, 2010. The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818. Branch office: One Canada Square, London E14 5AL. Authorised and regulated in the UK by the Financial Services Authority.