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.
About BNY Mellon's Pershing Limited
BNY Mellon’s Pershing Limited and its subsidiaries provide broker-dealers, asset managers, intermediary firms, IFAs, and financial institutions across EMEA with a comprehensive range of products, services, and solutions including fully disclosed custody, clearing and settlement for wealth managers and advisers as well as institutional global clearing and trading services. Established in London in 1987, Pershing Limited and its subsidiary, Pershing Securities Limited, are members of the London Stock Exchange and Euroclear UK & Ireland. Pershing Limited has memberships with LCH Limited (EquityClear®). Pershing Securities Limited is a member of various markets and clearing houses including, LCH SA and EuroCCP. Pershing Limited is an affiliate of Pershing LLC, a leading global provider of financial business solutions to institutional and retail financial organisations and independent investment advisers. Pershing LLC (member FINRA/NYSE/SIPC) is a member of every major US securities exchange, and both are subsidiaries of The Bank of New York Mellon Corporation. Additional information is available at pershing.com/emea.
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, managed account technology and operations 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 offices worldwide, Pershing provides business-to-business solutions to clients representing more than seven million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. Professionally advised managed accounts are offered through its affiliate, Lockwood Advisors, Inc., which is an investment adviser registered in the United States under the Investment Advisers Act of 1940. 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 Dec. 31, 2019, BNY Mellon had $37.1 trillion in assets under custody and/or administration, and $1.9 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.