BNY Mellon takes top honours amongst peers in 2014 R&M globalcustody.net survey

LONDON, April 14, 2014 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, has been ranked #1 ahead of its peer group* in the latest annual R&M globalcustody.net survey of custody clients and fund managers.  

BNY Mellon was ranked ahead of its peers in 10 categories in the survey, including the Overall and The Experts categories:

• Overall
• The Experts
• Big Boys Chart (AuC >$10,000bn)
• Americas
• Asia Pacific
• North America
• Rest of World
• United States
• Asset Managers
• US Asset Managers

[*Peer group: State Street, JP Morgan, Northern Trust, Citigroup]

Samir Pandiri, CEO of Asset Servicing at BNY Mellon, said: "As always, we'd like to thank our clients for their unwavering support in this prestigious independent survey. Our strong showing this year is testament to the expertise and dedication of everyone working within our business. These remain challenging times for our clients, as they look to manage regulatory change, risk and costs within an ever more complex investment and operating environment. This latest vote of confidence in our company speaks to the breadth of our product offering, our long-term commitment to this business and our steadfast focus on innovation, quality and service excellence."

Now in its 22^nd year, the R&M globalcustody.net survey this year received 769 responses worldwide, of which BNY Mellon accounted for 107. Participants were asked to rate global custody providers across 48 different aspects of service provision, including technology, tax reclamation, reporting, settlement, safekeeping, income collection, securities lending, foreign exchange, cash management and fees.

Notes to editors:

BNY Mellon's Asset Servicing business supports institutional investors in today's fast-evolving markets, safeguarding 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 December 31, 2013, BNY Mellon had $27.6 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.

SOURCE BNY Mellon