April 25, 2016

BNY Mellon to Provide Winterflood Securities With US and Canadian Clearing and Custody

LONDON, April 25, 2016 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, has been appointed by Winterflood Securities to provide US DTCC and Canadian securities clearing and custody services.

BNY Mellon Broker-Dealer Services will provide clearing and settlement services, operating as a direct participant in the US and through a single sub-custodian in Canada. Winterflood Securities will benefit from BNY Mellon's enhanced clearing solution, which permits earlier transmission of client orders to the North American market, allowing for realignment of collateral should it be required.

Simon Rafferty, Chief Operating Officer at Winterflood Securities, said: "BNY Mellon impressed us with its experience and knowledge of the North American securities market and its prominence as a leading custody and clearing provider was an important factor in our decision. BNY Mellon is able to provide us with a solution tailored to our specific trading requirements that allows us to deliver timely, high quality services to our clients."

Scott Coey, Head of Broker-Dealer Services EMEA at BNY Mellon, said: "We continue to invest in our technology and solutions to provide our clients with market leading, comprehensive clearing and settlement services. The functionality will provide Winterflood with more timely trading in the US and Canada and a more efficient and streamlined trading process."

BNY Mellon Broker-Dealer Services is respected for its international reach and strong track record in clearing and custody. It was recognised as Clearing Provider of the Year for the sixth time in seven years in Custody Risk magazine's European Awards 2015.

BNY Mellon
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 Mar. 31, 2016, BNY Mellon had $29.1 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. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Winterflood Securities
Winterflood Securities is a leading market maker committed to providing liquidity and flexible execution services to retail brokers, asset managers and institutional investors. Winterflood's strengths are a combination of traditional trading values and the performance of our own cutting- edge technology.

Our experienced team of traders helps clients achieve high quality execution in over 15,000 tradeable instruments including UK, European and North American Equities together with Investment Trusts, Exchange Traded Products, Fixed Income, Structured Products and Funds.

Founded in 1988, Winterflood has gone from being a niche market maker in the UK Small Cap market to a major liquidity provider across multiple asset classes in the UK and European markets. Winterflood is authorised and regulated by the Financial Conduct Authority.

Winterflood Securities is a wholly owned subsidiary of Close Brothers Group plc, a leading UK merchant banking group providing lending, deposit taking, wealth management services, and securities trading. The group employs 2,900 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 index.

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 unless otherwise stated as of Mar. 31, 2016.

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. The Bank of New York Mellon is supervised and regulated by the New York State Department of Financial Services and the Federal Reserve and authorised by the Prudential Regulation Authority.

The Bank of New York Mellon London branch is subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority.

Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.





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