BNY Mellon Asset Servicing tops two 16 May 2010Pittsburgh Reporter:
Image: Shutterstock
BNY Mellon Asset Servicing, has been ranked No.1 in the Single Provider and USD 1-10 Billion categories within Global Custodian magazine's 2010 Securities Lending survey.
Kathy Rulong, Global Head of Securities Lending at BNY Mellon Asset Servicing, said: "My team and I
are extremely proud to be honoured with these awards in one of our industry’s most influential
independent surveys.
Following the market events of 2008, it has certainly not been an easy time for asset holders or lenders and we remain committed to enhancing programme transparency and flexibility in line with clients' ever-increasing needs for data and market intelligence.
As one of the world’s largest agent lenders, we continue to evolve our programme to balance our
clients' appetite for risk and reward and help maintain the liquidity that ensures the smooth running of our capital markets."
In addition to a series of profiling questions, the survey questionnaire consisted of 26 questions in eight service categories: Earnings Performance, Risk Management, Relationship Management, Client Service,Product Development, Reporting, Operational Capabilities, and Compliance with Client Guidelines.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 