Under the terms of the agreement, the US invest management firm will provide a full suite of core US custody services, such as front-end technology and tailored reporting services.
BNY Mellon asset servicing CEO Samir Pandiri said that the company will remain boosting and enhancing its investment services to ensure continuous support to clients in fulfilling their strategic goals in a complex and globalised business environment.
Safeguarding assets and enhancing the management and administration of client investments, BNY Mellon’s Asset Servicing business supports institutional investors in fast-evolving markets through services that process, monitor and measure data from across the globe.
Offering informed investment management and investment services in 36 nations and more than 100 markets, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management, as of 31 December 2012.
