NEW YORK, June 16, 2014 – BNY Mellon, a global leader in investment management and investment services, has been named to the roll of honor for fund accounting and valuation in the 2014 Global Custodian Mutual Fund Administration Survey.
In addition, BNY Mellon ranked first versus its peer group (State Street, JP Morgan, Citi) in fund accounting and valuation and transfer agency services, according to the survey.
“We thank our clients for the strong endorsement they have given us,” said Samir Pandiri, chief executive officer of asset servicing at BNY Mellon. “We achieved higher scores over last year in all of the survey’s service categories, and this reflects the commitment of our employees for providing the best possible experience to our clients.”
Pandiri added that the Global Custodian survey is particularly meaningful as it is constructed to heavily weight the scores from the most sophisticated users in the areas they regard as most important.
Now in its 12th year, Global Custodian’s Mutual Fund Administration Survey asks participants to rate fund administration providers across eight different aspects of service, including relationship management and client service, value delivered, fund accounting and valuation, transfer agency, distribution support, fund reporting, compliance and custody services.
BNY Mellon's Asset Servicing business supports institutional investors in today’s fast-evolving markets, safekeeping 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, 2014, BNY Mellon had $27.9 trillion in assets under custody and/or administration, and $1.6 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, or follow us on Twitter @BNYMellon.
Contact: Mike Dunn
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