The Bank of New York has been re-appointed by Davy, the institutional, corporate and private client broker operating in Ireland, as custodian and clearing agent for global and US securities.
“Following a review of the market, The Bank of New York was considered to offer the best solutions to support our growing business, and demonstrated a level of commitment that impressed us,” says Eamonn Doyle, the chief operations officer at Davy.
“This appointment reflects our pre-eminent position in broker dealing outsourcing and clearance solutions,” adds David Aldrich, a managing director at The Bank of New York. “We look forward to continuing to demonstrate our high level of service and support for Davy’s diverse businesses.”