BNY Mellon Asset Servicing has been appointed to provide core custody and related services by Goudse Insurance Group for assets valued at 2.7 billion. Goudse Insurance Group is a Dutch insurance company that focuses on general and life insurances.
In addition to global custody, BNY Mellon will provide a range of services including confirmation and affirmation, investment accounting, performance measurement and enhanced reporting via BNY Mellons Workbench platform.
After undertaking a thorough review process, we selected BNY Mellon because we believed they were best-equipped to help meet our long-term business objectives, said Wim Eikelboom, Managing Director Finance, Goudse Insurance Group. The strength and flexibility of their accounting and reporting platform, combined with their focus on a strategic vision for client service, made BNY Mellon a logical choice.
Risk management and transparency are right at the top of agenda when we are talking to Dutch institutions, said Nadine Chakar, head of Europe, Middle East and Africa, BNY Mellon Asset Servicing. As the regulators continue to evolve their risk management legislation, we will continue to invest in our product suite to ensure our clients have access to the most sophisticated accounting, reporting and measurement tools they need.