BNY Mellon extends Eureko mandate 03 October 2011London Reporter: Anna Reitman
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BNY Mellon has announced an extended €38 billion mandate with Eureko, a financial services group registered in the Netherlands, to provide global custody and value added services.
In addition to global custody, BNY Mellon will provide fund and investment accounting, fund administration, regulatory reporting, performance measurement, compliance monitoring, transfer agency and cash management solutions.
Leonique van Houwelingen, country executive for the Netherlands and head of Continental Europe, Asset Servicing at BNY Mellon, says, "Eureko is one of our most valued clients in the context of both the Netherlands and the wider European marketplace. We look forward to capitalising on this opportunity to expand the robust and successful relationship we have already forged with them over the past three years.”
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