April 12, 2019
LONDON — BNY Mellon’s Pershing Limited has been awarded the Global Custodian to Private Client Businesses award at the WealthBriefing European Awards 2019.
Showcasing the best providers in the global private banking, wealth management and trusted adviser communities, the awards recognise companies, teams and individuals which the panel of judges deemed to have ‘demonstrated innovation and excellence during 2018’.
The judging panel commented on BNY Mellon’s Pershing: “It was felt the winner’s global facility was a distinctive proposition. It has enjoyed excellent growth in the last two years, and continues to impress with the breadth of its proposition.”
Geoff Towers, CEO of Pershing, commented: “We are delighted that Pershing has been recognised for the value it delivers as a trusted strategic partner. Regulation, digitalisation, and demographics continue to put significant pressure on the wealth management community. Consequently, we will continue to try to provide ever greater safety and efficiency and to create the flexibility to support our clients in the way they see best to grow their own unique businesses.”
Pershing is the leading provider of outsourced financial solutions to banks, broker-dealers, wealth managers and advisers. The business has £63bn in assets under custody and administration in EMEA (as at 31 December). Pershing offers front, middle, and back office solutions, including Pershing Nexus Wealth®, the professional portal with integrated CRM and portfolio management solution, and Pershing Nexus Investor®, an investor portal, launched in 2018.