BNY Mellon
Marty McElligott
Managing Director
240 Greenwich Street
New York, NY 10007
412-434-5999
Year Custody services began: 1875
BNY Mellon provides a comprehensive range of custody services offering scale, precision and quality. Clients rely on us to be a trusted provider to safeguard and service assets around the world. Our global footprint and local expertise helps us to deliver insight and solutions across every stage of the investment lifecycle. Our worldwide network of markets with 24-hour global coverage and monitoring of sub-custodial performance is the bedrock of our services.
Our range of services enable us to provide quality, timely and easy-to-access information to help clients meet their complex custody needs with a straight-through-processing solution, multicurrency real-time environment, settlement in more than 100 markets, and locations in 35 markets. Our integrated U.S. mutual fund services product offering provides a number of synergies by offering custody, transfer agency, and fund accounting and administration through a single provider that allows clients to:
• Enhance oversight: Easy coordination across fund services increases responsiveness to unscheduled market events and ability to implement regulatory requirements
• Reduce operational risk: Automated processes between core fund services reduce the risk of failure points across trading and reporting
• Strengthen data security: Data is contained within the walls of one G-SIFI firm in a highly regulated and resilient environment
• Enhance transparency and reporting: Comprehensive reporting on all aspects of the registered fund process, from custody to transfer agency to fund accounting, including value-added data on distribution channels and sales trends
• Simplify workflow: Linked accounts with straight-through processing between core fund services
• Increase speed of data delivery: Ability to schedule reports and automate distribution
• Eliminate complexity through a single point of accountability: One Relationship Manager acting as a single point of contact and accountability
• Maximize liquidity and create efficiencies: Linked transfer agency and custody accounts aggregate your balances and create efficiencies by reducing wire and overdraft fees
As fund servicing requirements grow more complex, we stand ready to deliver the support clients expect from a world class leader in securities servicing. Our flexibility allows for either a modular or end-to-end solution to address our clients’ objectives, and our platform seamlessly integrates a complete suite of services.