BNY Mellon’s Pershing Limited Wins Best Strategic Platform Award at the Schroders UK Platform Awards 2020

December 15, 2020

LONDON — BNY Mellon’s Pershing Limited has been awarded Best Strategic Platform Partner at the Schroders UK Platform Awards 2020.

Now in its fourteenth year, the awards showcase the best providers in the global institutional, wealth management and trusted adviser communities, recognising companies and teams that have demonstrated excellence in platforms and technology. Additionally, the Awards also recognise “new technology, new innovations and new ways of connecting with the investor”.

The UK Platform Awards judging panel commented on BNY Mellon’s Pershing: “The winner is strong on process, security and due diligence and they have expanded their range of products. One of the judges commented that their CEO is genuinely committed to issues such as equality and diversity unlike many who just talk about these issues.”

Geoff Towers, CEO of Pershing, commented: “We are delighted that Pershing has been recognised for the value it delivers as a trusted strategic partner. Our success is testament to the continued hard work of our teams, and their dedication to improving the service we offer clients despite the challenging year the industry has had.

“This year, along with many other industries, the wealth and advisory space has faced unforeseen obstacles as the fallout of the Covid-19 pandemic has transformed the way we live and work. This has manifested in the need to adapt quickly to a remote working environment, placing increased pressure on an industry already grappling with widespread structural changes driven by regulation, digital innovation and demographic trends. We remain committed to providing safety, certainty and greater efficiency to support clients in growing and future-proofing their businesses.”

Pershing was also named as the runner-up for the Best Institutional Platform Award.

Present in Europe for more than 30 years, Pershing is a leading provider of financial solutions to banks, broker-dealers, wealth managers and advisers, helping clients by providing safety, certainty and greater efficiency for their businesses.

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.

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