BNY Mellon, a global leader in investment management and investment services, has taken the #1 position in The Experts category in the 2015 R&M Investor Services Survey, underlining the depth and breadth of the company's expertise and capabilities when it comes to servicing large and complex clients around the globe.
The Experts category captures responses from those clients which take services from five or more providers.
"These clients want to work with a committed provider who can support an expanding range of asset types and financial instruments, across multiple markets and regulatory regimes," says Samir Pandiri, Global CEO of Asset Servicing at BNY Mellon. "They require a partner who can combine proven global processing and servicing capabilities with sophisticated analytical and middle office tools."
He continues: "The ability to develop and deploy innovative solutions and technologies to help them navigate today's complex and fluid regulatory environment, and to support their collateral, capital and liquidity needs and their distribution goals, is also key. Financial strength and stability also remain of paramount importance, and in this respect we have consistently demonstrated strong credentials, and our company continues building upon its position as a strong and trusted counterparty."
Adds Pandiri: "There is no doubt that BNY Mellon is extremely well positioned to support our clients across this diverse array of needs, as they look to transform their businesses and seize new opportunities against a background of unprecedented market and regulatory change."
Now in its 24th year, the R&M Investor Services Survey – the largest of its kind – canvassed a wide range of professionals around the globe who assessed the services of 30 different providers via 51 questions encompassing a range of key service categories.
These included settlement and safekeeping; tax reclamation; corporate actions; proxy voting; client reporting; monthly accounting/valuation reporting; client service and relationship management; customer facing technology; network management; service quality; securities lending; and ancillary activities such as the processing of alternative investments, cash management and FX trading.