BNY Mellon Takes Top Honours Amongst Peers in 2012 R&M Global Custody Survey

LONDON, March 26, 2012 /PRNewswire/ --BNY Mellon, the global leader in investment management and investment services, has been ranked #1 ahead of its peer group* in the latest annual R&M Survey of custody clients and fund managers.

The company was ranked ahead of its peers in 11 categories in the survey, including the Overall Score category where it recorded an improved score on 2011's survey.

In addition, BNY Mellon was ranked #1 out of all surveyed providers in three key categories.

#1 overall:

#1 versus peer group:

[*Peer group: State Street, JP Morgan, Northern Trust, Citigroup]

Richard Hogsflesh, Managing Director of R&M Surveys, said: "Up until recently, high levels of client satisfaction were the domain of the smaller custodians, but not anymore. BNY Mellon[has] demonstrated [its] commitment to client satisfaction by putting a clear gap between [itself] and other major players like State Street and Citibank."

Tim Keaney, Vice Chairman of BNY Mellon and CEO of BNY Mellon Asset Servicing, said: "As always I'd like to thank our clients for their unstinting support in this prestigious independent survey. Our strong showing in the survey is testament to the expertise and dedication of everyone working within our investment services business during what remain challenging times for our clients, as they seek to manage risk, control costs and keep pace with today's fast-evolving regulatory environment.

"In today's ever more complex investment and operating environment, this latest vote of confidence in our organisation speaks to the breadth of our product offering and our long-term commitment to the investment servicing business, and our unwavering focus on innovation, quality and service excellence."

Sample BNY Mellon client survey comments included the following:

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BNY Mellon Takes Top Honours Amongst Peers in 2012 R&M Global Custody Survey

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