CIBC Mellon Global Securities Services Company has been named the best subcustodian in Canada for the third consecutive year in the 2009 Global Finance magazine survey.
“CIBC Mellon once again proves its leadership in the Canadian marketplace for stability and quality of subcustodial services,” says Joseph Giarraputo, publisher and editorial director at Global Finance Magazine. “This recognition reflects the expertise and dedication of CIBC Mellon in safekeeping clients’ assets and delivering superior service quality.”
“CIBC Mellon is extremely proud to receive the award for best subcustodian in Canada for the third consecutive year,” says Thomas C. MacMillan, president and chief executive officer at CIBC Mellon. “This award is an acknowledgment of our efforts to deliver outstanding client service with security, reliability and operational excellence, along with industry-leading local market expertise.”
The annual survey, now in its seventh year, recognizes institutions that consistently provide the best custody services in local markets and regions to global clients. The survey solicits feedback from Global Finance editors, reporters and other expert sources to assess various categories including:
Customer relations
Quality of service
Business continuity plans
Competitive pricing
Smooth handling of exception items
Technology platforms
Post-settlement operations
Knowledge of local regulations and practices
Details of the survey results will be published in the July/August issue of Global Finance. The awards will be presented during the annual meetings of the International Monetary Fund and World Bank in October 2009 in Istanbul.
D.C.