Royal Liver Extends Fund Administration Mandate with BNY Mellon Asset Servicing to Include Performance & Risk Analytics

PRNewswire-FirstCall
LONDON
(NYSE:BK)
May 16, 2008

LONDON, May 16, 2008 — BNY Mellon Asset Servicing, the global leader in securities servicing, today announced that Royal Liver Group has increased its mandate with the company to provide performance & risk analytics. BNY Mellon currently provides a range of fund services to Royal Liver for assets valued at pounds Sterling 3.7 billion, including accounting, transfer agency and custody.

George McGregor, Chief Executive Officer of Royal Liver Asset Managers, comments: "The outsourcing of our performance and risk analytics will allow us to focus on our core business of adding value. BNY Mellon Asset Servicing has proven to be a strong and trustworthy partner as our custodian and we are confident that they are the most prudent choice for our performance and risk analytics and to help us achieve our long-term business goals."

Nadine Chakar, executive vice president and head of EMEA, BNY Mellon Asset Servicing, said: "We are delighted to be extending our partnership with Royal Liver. This relationship demonstrates our ability to provide a fully flexible service to clients who can choose from our range of products which best fit their needs at any stage in their business evolution."

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialised asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $12 trillion in outstanding debt. Additional information is available at bnymellon.com.