BNY Mellon has been recognized as a leading financial services institution in Asia Pacific by key trade publications. In awards announced by AsianInvestor, Asia Asset Management, and Global Custodian, BNY Mellon was singled out for its comprehensive product platform, class-leading client servicing model, and innovation. The accolades were rounded out by Fangfang Chen, Asia Pacific Chair and Asia Pacific Head of Global Client Management, being named by Global Custodian as a Legend.
Kicking off the showcase was BNY Mellon winning AsianInvestor’s Asset Service Provider of the Year award. The company also won Asia Asset Management’s Fintech Innovation in Securities Servicing award, reflecting its success in deploying fintech solutions to enhance client value propositions in securities servicing.
In addition, BNY Mellon was presented with Global Custodian’s Best New Asset Servicing Project/Initiative award for delivering a transformational investment accounting project. BNY Mellon’s Eagle accounting solution was selected to increase automation and deliver a centralized investment data hub for fund accounting and administering the public assets for the Employees Provident Fund Board of Malaysia (EPF). In naming Fangfang Chen as a Legend, the publication highlighted her dedicated and forward-thinking leadership.
“These awards are an incredible endorsement of the work we have done to evolve and innovate our platform to meet and exceed our clients’ needs around the world,” said Emily Portney, CEO of Asset Servicing, BNY Mellon. “I would also like to congratulate Fangfang on receiving recognition for her outstanding leadership of one of our fastest-growing regions.”
“We are honored to have received these prestigious awards and they truly highlight the positive momentum the Asia Pacific business has seen over the last few years,” said Fangfang Chen, Asia Pacific Chair and Asia Pacific Head of Global Client Management at BNY Mellon. “We remain committed to our role as a trusted advisor to our clients, and we look forward to working with them to further support their growth in a region that is embracing financial infrastructure development and innovation.”
To learn more about BNY Mellon’s Asset Servicing offerings, further details can be found here.
About BNY Mellon
Established in 1784, BNY Mellon is America’s oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $46.6 trillion in assets under custody and/or administration and $1.9 trillion in assets under management as of March 31, 2023. BNY Mellon has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com. Follow us on LinkedIn or visit our Newsroom for the latest company news.