BNY Mellon Ranked Best Cash Management Services Provider in Asia Pacific for Small Cap Financial Institutions
Aug 5, 2013
BNY Mellon rankings in AsiaMoney's 2013 cash management poll improve across all three capitalization categories
BNY Mellon also receives number one rankings for after-sales customer service and understanding the business strategies, objectives and requirements of FI clients
NEW YORK and HONG KONG, 5 August 2013 — BNY Mellon, the global leader in investment management and investment services, has scored several important firsts in this year's AsiaMoney poll of cash management services providers in Asia Pacific. BNY Mellon's Treasury Services group ranked first among global service providers based on responses from small cap financial institutions, and also ranked first based on after-sales customer service and understanding the business strategies, objectives and requirements of FI clients.
Now in its 23rd year, the AsiaMoney survey is one of the most respected polls of its kind in the Asia Pacific region, attracting participation from individuals responsible for cash management in financial institutions, as well as senior treasury and finance executives in public and private companies, multinationals, and small- and medium-size enterprises (SMEs) across the region.
Helping clients manage cash more effectively is a key aspect of how BNY Mellon adds value across the entire lifecycle of our clients' investments," said Fred DiCocco, managing director and head of sales & relationship management for BNY Mellon's Treasury Services business in Asia Pacific. The onset of new regulations and the persistence of tight credit have made cash management an ever more important priority for our FI clients. That's why we've intensified our focus on that aspect of our service. It's also why the feedback from this year's AsiaMoney poll is so gratifying."
With locations on six continents and an extensive global network of correspondent financial institutions, BNY Mellon's Treasury Services business delivers high-quality performance in global payments, trade services, and cash management. The company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of private-label treasury services solutions for banks and other large institutional clients.
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 and more than 100 markets. As of June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 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, or follow us on Twitter @BNYMellon.