With operations in 12 countries across Europe and more than 20,000 employees, the Eureko group is a privately-owned financial services group registered in the Netherlands that offers a full range of insurance and related services: life and non-life cover, pension products, health insurance, banking and asset management.
In addition to global custody, BNY Mellon will provide fund and investment accounting, fund administration, regulatory reporting, performance measurement, compliance monitoring, transfer agency and cash management solutions.
BNY Mellon's established presence in the Dutch market, its local servicing model, its detailed knowledge of the Dutch financial system and its broad product set were key factors in Eureko's decision to extend the relationship. Eureko originally appointed BNY Mellon in 2008.
Leonique van Houwelingen, Country Executive for the Netherlands and Head of Continental Europe, Asset Servicing at BNY Mellon, said: "Eureko is one of our most valued clients in the context of both the Netherlands and the wider European marketplace. We look forward to capitalising on this opportunity to expand the robust and successful relationship we have already forged with them over the past three years."