The Bank of New York Mellon’s leadership as a provider of foreign exchange services has been underscored by first place rankings in 20 of 24 categories in Global Investor magazine’s 2009 Foreign Exchange Survey, including Best FX Service Overall.
Survey respondents represent a broad sampling of global asset managers and hedge funds. Other top rankings awarded to The Bank of New York Mellon include best overall service to both real money and hedge funds; best sales coverage; best trading in all market categories; best risk management; and best in nine of 11 advice, research, analysis, technology, and strategy categories, including best in a new category, capital flow research.
“Foreign exchange expertise is an important part of the value proposition we offer our clients across many of our key businesses, such as asset servicing, issuer services and treasury services,” says Jorge Rodriguez, managing director and head of global foreign exchange sales, Bank of New York Mellon.
“Maintaining and strengthening our leadership position in foreign exchange during a period of unprecedented market volatility and trading volumes has been a unique challenge. Our rankings reflect our Global Markets team’s unrelenting focus on the question we take to the market every day: who’s helping you?”
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