BNY Mellon’s Pershing Honored at Global Custodian’s 2017 Industry Leaders Awards

December 4, 2017

Mark Aldoroty, Head of Prime Services at BNY Mellon's Pershing, Named to Global Custodian's Securities Services Hall of Fame

JERSEY CITY, N.J., December 4, 2017 – BNY Mellon's Pershing received two honors at Global Custodian's 2017 Industry Leaders Dinner and Awards Program held in New York City on Thursday, November 30. Mark Aldoroty, Managing Director and Head of Prime Services and Collateral Funding and Trading, was inducted into Global Custodian's "Legends" Hall of Fame. In addition, the Prime Services group earned the Editor's Award for Operations.

The Legend award recognizes individuals who have played a role in shaping today's securities services industry. Global Custodian chose this year's Legends based on individuals' service to the industry, outstanding effort and ability, contribution to industry innovation and progress, and character. This year's inductees were selected from global custody, sub-custody, central depositories, clearing houses, securities lending and financing, mutual fund administration, hedge fund administration, private equity fund administration and prime brokerage firms.

"For over 30 years, Mark has been a leader in driving innovation within the prime brokerage industry," said Claire Santaniello, Managing Director and Head of Operations for Pershing. "Mark's commitment to the highest standard of client service and to enhancing our prime brokerage offering has helped drive the success of our clients across diverse market conditions. This recognition underscores the extent of his contributions to the profession and our business."

"I am honored to be named to this distinguished group of industry leaders who are a testament to the positive impact we can have for our clients and the investors they serve, and have shaped the future of prime services and the securities services industry," said Aldoroty. "I look forward to continuing to lead by example for the future leaders of the industry, and to grow and enhance the prime services offering at BNY Mellon's Pershing to help our clients better address their strategic and operational challenges."

The Prime Services team was also recognized at the event, receiving the Editor's Award for Operations. In 2017, Pershing continued enhancing its service model, which offers a sophisticated and comprehensive range of investments capabilities and collaboration with clients throughout the investment lifecycle. This is the first time Pershing has received this award.

Learn more about BNY Mellon's Pershing Prime Services.

About BNY Mellon's Pershing

BNY Mellon’s Pershing and its affiliates provide advisors, broker-dealers, family offices, hedge fund and ’40 Act fund managers, registered investment advisor firms and wealth managers with a broad suite of global financial business solutions. Many of the world’s most sophisticated and successful financial services firms rely on Pershing for clearing and custody, investment and retirement solutions, technology, enterprise data management, trading services, prime brokerage and business consulting.

Pershing helps clients improve profitability and drive growth, create capacity and efficiency, attract and retain talent, and manage risk and regulation. With a network of 23 offices worldwide, Pershing provides business-to-business solutions to clients representing approximately 7 million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. Additional information is available on pershing.com, or follow us on Twitter @Pershing.

About BNY Mellon

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. As of September 30, 2018, BNY Mellon had $34.5 trillion in assets under custody and/or administration, and $1.8 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. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

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