BNY Mellon, a global leader in investment management and investment services, has been named as the 2014 "Best Service Provider – The Americas" at the 11th annual Global ETF Awards, which is sponsored by exchangetradedfunds.com. This is the ninth consecutive year that BNY Mellon has been honored as the top service provider to ETFs (exchanged-traded funds).
"This award reflects our continuing focus on customer service and technological innovation," said Steve Cook, Global Head of ETF Services at BNY Mellon. "Our recent introduction of a one-stop process for authorized participants (APs) to automate the creation and redemption of exchange traded funds (ETFs) demonstrates the way we implement technology to help our clients succeed and strengthen our position as the industry's service quality leader."
About Exchangetradedfunds.com: Since its inception in 1997, exchangetradedfunds.com has been providing information on global ETF, ETC and ETN products on its website. Information on the site consists of product descriptions, products listed on international exchanges, industry info and events, interviews from industry leaders and news. It is also the host of the ETF Global Awards® Dinner and Workshop. Its purpose is to recognize those who have contributed to the development of the ETF industry world-wide and welcomes industry participants from the international community to discuss their respective markets.
BNY Mellon has a long history supporting the unique servicing needs of ETFs and has played a leading role in the development of procedures and systems integral to some of the first and most innovative products of the ETF industry. As of March 31, 2015, BNY Mellon supports 34 issuers offering 577 separate portfolios in the U.S., Europe and Asia with a total of $295 billion in net assets.
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.