BNY Mellon Receives Top Ratings in Global Custodian 2010 Tri-Party Survey

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Apr 22, 2010, 08:30 ET

NEW YORK, April 22 /PRNewswire-FirstCall/ -- BNY Mellon, the global leader in asset management and securities servicing, has received top ratings in Global Custodian's 2010 Tri-Party Securities Financing Survey. Global Custodian is a leading media outlet covering the international securities services industry.

Based on Global Custodian's independent survey of tri-party market participants globally, BNY Mellon earned the following rankings: Top Rated Globally, Top Rated in North America and Commended in Europe.

"The results of this independent survey underscore the importance of delivering consistently high quality service to our clients globally," said Jim Malgieri, chief executive officer of BNY Mellon Broker-Dealer Services. "Our high ratings show that we have been meeting our clients' needs during what has been an extraordinarily challenging period for the industry. Our global team of experts will continue to partner with clients to develop innovative and efficient solutions that address their emerging requirements."

BNY Mellon is the leading provider of tri-party collateral management services, servicing more than $1.5 trillion in tri-party balances worldwide.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 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 $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Additional information is available at www.bnymellon.com.

SOURCE BNY Mellon