A recognition of our commitment to provide world class, innovative and collaborative investment services across the Asia Pacific region.
BNY Mellon received five awards at the 2019 The Asset “Triple A” awards. The recognitions came in a range of categories underlining BNY Mellon’s achievements in custody, collateral management, and depositary receipts.
The firm was named Best Global Custodian for International Clients for the second consecutive year, a distinction for the firm’s role in helping clients manage their financial assets at times of increased global volatility. A second award in this category was the Best Global Custody Mandate, received for the work done with National Pension Service of Korea1.
“We are honored to receive once again this award for our world-class client servicing,” said Rohan Singh, Asia Pacific Head of Asset Servicing, BNY Mellon. “We face a rapidly shifting market, where clients rely on us not just for our legacy capabilities and our trusted brand, but also for the broader role we can play in bringing value to their business through new solutions, better access to data and an unyielding pursuit of technological innovation. We will continue to raise the bar in our offering across data aggregation, collateral optimization and thought leadership.”
BNY Mellon continued its winning streak also with an award for Best in Collateral Management, the sixth in a row in the category.
“We are delighted to be named the Best in Collateral Management for the sixth consecutive year. As a global leader in Clearance and Collateral Management, we are committed to deepening our client relationships and supplementing our product offering with enhanced capabilities and services to help our clients better manage risk and simplify their operations,” said Natalie Wallder, Head of Clearance and Collateral, Asia Pacific for BNY Mellon.
Finally, BNY Mellon received two awards in the depositary receipts (DR) category, with a win for Best DR Bank as well as Best DR Mandate, the latter received for our successful handling of Tencent Music’s DR listing on the New York Stock Exchange in December 20182.
“We are extremely optimistic for the continued role Depositary Receipts will play on a global scale with Asia remaining a key driver as companies from the region increasingly go global seek access to overseas investors, evidenced with the tremendous success of Tencent Music. As a leader in the DR space BNY Mellon’s expertise ideally positions us to continue to connect issuers in the region with global investors,” said Francis Giglio, Asia Pacific Head of Depositary Receipts at BNY Mellon.
The awards were presented at The Asset ‘Triple A’ Asset Servicing, Institutional Investor and Insurance Awards on 27 June 2019 in Hong Kong. For more information on the awards and for a list of all the winners, please visit: https://www.theasset.com/awards/asset-servicing-2019.