The Bank of New York Mellon Tops Survey of Treasury Services Providers

PRNewswire
NEW YORK
(NYSE:BK)
Aug 5, 2009

Ranked Best in Nine Categories in 2009 Bank Leader Survey

NEW YORK, August 5, 2009 — The Bank of New York Mellon's Treasury Service group has received top scores in the 2009 Bank Leader Survey, ranking no. 1 in nine of 14 categories, including customer service, operating quality, product leadership/innovation and overall satisfaction.

"As this year's survey results show, we're growing The Bank of New York Mellon's Treasury Services business on a strong foundation of operating quality, customer service and product innovation," said Eric Kamback, executive vice president of The Bank of New York Mellon and chief executive officer, treasury services.

Now in its 15th year, the Banker Leader Survey is carried out by independent research firm Warabak Research. Focusing on criteria that companies use to compare and contrast bank performance, this year's survey involved interviews conducted between February and April, 2009 with key treasury services decision makers from 750 large U.S. companies (annual sales of $500 million or higher).

With locations in 34 countries on six continents and a network of more than 2,000 correspondent financial institutions, The Bank of New York Mellon's Treasury Services group delivers high-quality performance in cash management, global payments, trade services, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies. Processing more than $1.8 trillion in payments transactions on a daily basis, the company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of white-label treasury services solutions for banks and other large institutional clients.

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 $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services more than $11.8 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.