LONDON, Nov. 5, 2012 /PRNewswire/ -- BNY Mellon*, the global leader in investment management and investment services, has been named 'Ireland – Fund Administrator of the Year' in ACQ magazine's 2012 Global Awards.
Commenting on the award, Rachel Turner, head of BNY Mellon's funds servicing business in Dublin, said: "Innovative, flexible solutions and a client-focused approach have ensured that the Irish funds industry is at the forefront of change over the last decade and are the primary reasons why total assets under administration surpassed the EUR2 trillion mark earlier this year.
"BNY Mellon is no different in that our core priority is to understand our clients' needs and respond to them. We pride ourselves on providing solutions to clients' challenges and requirements. I'd like to thank the readers of ACQ for recognising BNY Mellon as a leader in fund administration, and everyone within our Asset Servicing business for their continued dedication and hard work," added Turner.
"The winners represent the very best in their field from around the world and BNY Mellon truly deserves the accolade of 'Ireland – Fund Administrator of the Year'," said Jake Robson, Editor in Chief of ACQ. "All category winners are in effect, a brand. In one sense, perhaps the most important sense, a brand is a promise. You know what you're going to get with a well-branded product or service. It takes a lot of time, money and very hard work to build and maintain great brands, brands that can speak volumes in just a few syllables. It's shorthand for what you are. All category winners in the ACQ Global Awards 2012 represent this ethos and this year, our dedicated subscribers have once again recognised the genuine leaders in the market."
The ACQ Global Awards have presented accolades to the business world's best and brightest firms for the last eight years. The full list of winners will soon be announced at www.acqmagazine.com & www.FT.com.
BNY Mellon opened its first office in Ireland in 1994. It currently employs 1,800 employees in Ireland, located in Cork, Wexford and Dublin and offers a broad range of services to traditional and alternative asset managers, banks, pension funds, insurance companies and corporates. In Ireland, BNY Mellon offers a range of services including asset servicing, alternative investment services, depositary receipts and corporate trust. Pershing, a subsidiary of BNY Mellon, also has a presence in Ireland.
*BNY Mellon Fund Services (Ireland) Limited
Notes to editors:
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 $27.9 trillion in assets under custody and administration and $1.4 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. 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.
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 at 30 September 2012. 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. BNY Mellon Fund Services (Ireland) Limited is regulated by the Central Bank of Ireland.
SOURCE BNY Mellon