CIBC Mellon ranked no.1 in survey 25 October 2010Toronto Reporter: Justin Lawson
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CIBC Mellon Global Securities Services Company ranks first in Canadian sub-custody according to leading and cross-border clients and is "Top-Rated" by domestic clients in Global Custodian magazine's 2010 Agent Banks in Major Markets Survey.
"CIBC Mellon's scores from leading and cross-border clients are up yet again," said the survey editors of Global Custodian. According to clients in the survey, "proactivity," "flexibility" and "professional service" are the key drivers of CIBC Mellon's success in 2010.
"We are honoured to receive these top results that are directly based on feedback from some of the world's most influential financial institutions," said Thomas S. Monahan, president and chief executive officer, CIBC Mellon. "With the strength and scale of our parent companies, CIBC and BNY Mellon, and our aggressive growth strategy, we are committed to helping these institutions meet their growing and strategic goals in Canada."
In addition to being ranked first and "Top-Rated" by leading and cross-border client segments, CIBC Mellon is the only Canadian provider to be "Top-Rated" by cross-border clients for the past six years. The annual Agent Banks in Major Markets Survey solicits feedback from global financial institutions and measures the quality of sub-custody services provided in major markets across 11 service categories.
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