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 is a leading provider of clearing and custody services. We are uniquely positioned to help complex financial services firms transform their businesses, drive growth, maximize efficiency, and manage risk and regulation.
Wealth management and institutional firms outsource to us for trading and settlement services, investment solutions, bank and brokerage custody, middle and back office support, data insights, and business consulting.
Pershing brings together high-touch service, an open digital platform and the BNY Mellon enterprise to deliver a differentiated experience for every client.
Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. With offices around the world, Pershing has over $2 trillion in assets and millions of investor accounts. Pershing affiliates include Albridge Solutions, Inc. and Lockwood Advisors, Inc., 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 LinkedIn or 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 and wealth management and investment services in 35 countries. As of June 30, 2021, BNY Mellon had $45.0 trillion in assets under custody and/or administration, and $2.3 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.