BNY Mellon Asset Servicing Claims 'Best Global Custodian' in Asian Awards for
Third Consecutive Year
SINGAPORE, Mar 21 /PRNewswire-AsiaNet/ --
Trophy seals a BNY Mellon hat trick of awards in seven days
The Bank of New York Mellon received top industry recognition at The Asset
magazine's Triple A Transaction Banking Awards 2009 last night scooping the title
of 'Best Global Custodian' in Asia.
This latest accolade culminates a phenomenal week for BNY Mellon Asset
Servicing. The company has been awarded three trophies in seven days
including "Global Custodian of the Year" in Asia Asset Management magazine's
2008 'Best of the Best' Awards last Friday, and "Custodian of the Year" in
the Global Pensions Awards 2009, held in London on Tuesday evening.
"Three awards in seven days is an incredible achievement," said Chong Jin
Leow, head of Asia, BNY Mellon Asset Servicing. "It's certainly a tribute,
not only to my team, but to our philosophy of client focus and service
excellence."
"These are difficult times for our clients and they need a trusted
partner who can help them grow their businesses by enhancing efficiency,
reducing costs, allowing greater flexibility and mitigating risk. We are part
of the solution. We will continue to do what we do best, deliver outstanding
client service, invest in cutting-edge technology, pioneer new innovative
products and attract and retain the best talent the industry has to offer,"
added Leow.
Earlier this month, BNY Mellon Asset Servicing had a strong showing in
the annual R&M Global Custody Survey, in which BNY Mellon was ranked in first
place in five categories - a feat matched by only one other provider - in the
latest annual R&M Survey of custody clients and fund managers. In January,
BNY Mellon Asset Servicing received the highest number of 'Top-Rated'
recognitions (eight) and 'Best in Class' awards (142) out of all surveyed
firms in Global Custodian magazine's 2008 Global Custody Survey.
The Asset magazine is one of Asia's leading monthly financial markets
magazines.
Notes to editors
The Bank of New York Mellon Corporation 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. The company 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 $20.2 trillion in
assets under custody and administration, $928 billion in assets under
management, services more than $11 trillion in outstanding debt, and
processes global payments averaging $1.8 trillion per day. Additional
SOURCE The Bank of New York Mellon Corporation
CONTACT: Louisa Bartoszek of The Bank of New York Mellon,
+44-20-7163-2826, or louisa.bartoszek@bnymellon.com
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