BNY Mellon Named Overall Winner in Annual Global Investor/ISF Tri-Party Survey

Also named #1 provider in the America; strongest tri-party repo provider; and best collateral management provider

Jul 31, 2014

NEW YORK, July 31, 2014 — BNY Mellon, a global leader in investment management and investment services, has been named the overall winner (weighted) of the 2014 Global Investor/ISF Tri-party Survey.

BNY Mellon was also ranked #1 in the following categories:

  • Repo
  • Collateral Management
  • The Americas

In the Service section of the survey, BNY Mellon was ranked #1 in the following two categories, deemed by respondents to be the most important service areas:

  • Ability to create bespoke schedules
  • Access to counterparties

The company was also ranked #1 in these additional Service categories:

  • Ability to manage equities as collateral
  • Accuracy of margin calls
  • Breadth of market coverage
  • Breadth of supported eligibility criteria
  • Quality of static data

“Demand for collateral services is growing as market participants seek to source, mobilize and allocate eligible collateral as efficiently as possible,” said Kurt Woetzel, President of BNY Mellon Markets Group. “BNY Mellon’s strong showing in this key survey demonstrates the innovation and market-leading expertise we can offer to support our clients’ complex, changing needs.”

The global survey, conducted in April 2014, asked respondents in Europe, the Americas, APAC, the Middle East and Africa, to rate their tri-party providers across a number of service categories. These included access to counterparties, accuracy of margin calls and ability to manage equities as collateral. Complete survey results are available online at www.globalinvestormagazine.com.

BNY Mellon Markets Group combines the company’s Global Markets, Global Collateral Services and Prime Services businesses to meet its clients evolving trading, collateral, and securities financing requirements of its clients.

Global Collateral Services offers a comprehensive suite of capabilities to help clients address their collateral, liquidity and securities financing needs. As they face evolving global regulations and rapidly changing market requirements, clients can leverage BNY Mellon's products and services to better manage counterparty and market risk in their transactions, engage in more investment opportunities to help maximize their investment returns and access new financing alternatives. BNY Mellon currently services $2 trillion in global collateral (including tri-party repo collateral worldwide) and approximately $100 billion in assets through its Liquidity DIRECTSM investment portal, and operates one of the industry's largest securities lending programs, with $3 trillion in lendable assets.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2014, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.