NEW YORK, May 15, 2017 – BNY Mellon, a global leader in investment management and investment services, has been named 2016 “Best Service Provider – The Americas” at the 13th annual Global ETF Awards, which took place last month and sponsored by exchangetradedfunds.com. This is the 11th consecutive year that BNY Mellon has been honored as the top service provider to ETFs (exchange-traded funds).
“We are honored to be recognized as the top service provider to ETF’s for the 11th straight year,” said Jeff McCarthy, CEO, Exchange Traded Funds. “This recognition showcases the depth and consistency of our client service teams and advanced technology, which are mission critical capabilities for an ETF market poised to triple in size over the next three years.”
In 2016, BNY Mellon helped 17 clients launch 67 ETFs, including funds that span smart beta, actively managed equities, fixed income, emerging markets and commodities.
Since its inception in 1997, exchangetradedfunds.com has been providing information on global ETF, ETC and ETN products on its website, including product descriptions, products listed on international exchanges, industry info and events, interviews from industry leaders and news. Its awards dinner recognizes those who have contributed to the development of the ETF industry world-wide.
BNY Mellon has a long history supporting the unique servicing needs of ETFs and has played a leading role in the development of procedures and systems integral to some of the first and most innovative products of the ETF industry. As of March 31, 2017, BNY Mellon supports 32 issuers offering 658 separate portfolios in the U.S., Europe and Asia with a total of $358 billion in net assets.
BNY Mellon's Asset Servicing business supports institutional investors in today's fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2017, BNY Mellon had $30.6 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.