ATP appoints BNY as asset servicing provider 12 March 2025Denmark Reporter: Jack McRae
Image: stock.adobe.com/Andreas Mariotti
BNY has been selected by the Danish mandatory government pension scheme Arbejdsmarkedets Tillægspension (ATP) as asset servicing provider.
BNY will provide custody, trade support, collateral management and other services for ATP’s near US$100 billion assets.
Louise Inselmann, chief operation officer at ATP, explains: “Our choice of global custodian has a significant importance for our daily business and our ability to act fast and effectively on behalf of our members. ATP wants strong and competitive partners, which is why we have chosen BNY as global custodian based on both its quality and services.”
Hani Kablawi, head of International at BNY, adds: “ATP is focused on the automation of its processes, data integration and creating a seamless flow of data. This appointment underscores our ability to deliver integrated solutions that meet the evolving needs of asset owners like ATP and reflects our ongoing commitment to directly supporting clients in the Danish and Nordic markets.”
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Image: stock.adobe.com/Andreas Mariotti 