BNY Mellon Wins Five Awards at International Custody and Fund Administration European Service Provider Awards 2011
Named European Custodian, European Broker/Dealer Custody and Clearing Provider and European Hedge Fund Administrator ($100bn+)
Retains crown in Ireland and Netherlands categories
LONDON, Nov. 30, 2011 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has been awarded five awards at International Custody and Fund Administration (ICFA) magazine's European Service Provider Awards 2011.
BNY Mellon was named European Custodian of the Year and European Hedge Fund Administrator (AUA greater than $100bn).
This year's awards saw BNY Mellon retaining its crown in a number of key categories. The company was awarded European Broker/Dealer Custody and Clearing Provider of the Year for the third year running; Fund Administrator: Ireland for the sixth year in a row; and Custodian of the Year: Netherlands for the second consecutive year.
Michael Cole-Fontayn, Chairman of Europe, Middle East and Africa at BNY Mellon, said: "These awards are testament to the hard work of our employees across Europe. I want to congratulate them on their commitment to high-quality service and continued innovation. Our strong showing in this respected survey underlines our outstanding investment services capabilities and our relentless pursuit of operational excellence as we look to help our clients' businesses to grow and prosper."
Notes to editors:
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 Broker-Dealer Services is the leading provider of tri-party collateral management services, servicing more than $1.8 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 Alternative Investment Services (AIS), a leading custodian and fund administrator of alternative assets including single manager hedge funds, funds of hedge funds and private equity, has over $519 billion of assets under administration and custody and an extensive global presence. In addition to administration and custody services, AIS offers cash management, foreign exchange, collateral management, corporate trust and wealth management to the alternative investment industry.
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, offering superior investment management and investment services through a worldwide client-focused team. It has $25.9 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 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 or follow us on Twitter @bnymellon.
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, 2011. 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.
SOURCE BNY Mellon
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