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Custody news

CIBC Mellon to provide asset servicing solutions to TRIO


12 September 2011 Toronto
Reporter: Justin Lawson

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Image: Shutterstock
CIBC Mellon has been mandated to provide asset servicing solutions to TRIO. Solutions to be supplied include custody, pension accounting, benefit payments, and its real-time online information delivery platform – Workbench.

“In addition to their reputation in the industry, CIBC Mellon has shown a real commitment to our business. Having an asset servicing provider with the technology and the expertise to tailor solutions specifically for our needs was critical to the selection process,” said Terry E. Taylor, general manager, TRIO.

“Our business growth in Newfoundland and Labrador stems from the bonds we have forged with our clients and with the community. CIBC Mellon is pleased to further strengthen its connection to the region through our new relationship with TRIO Benefits,” said Tom Monahan, president and chief executive officer, CIBC Mellon.
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