BK
- The Bank of New York Mellon Corporation
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Overview
Company Summary
The Bank of New York Mellon Corporation, often referred to as BNY Mellon, is a global financial services company. It serves as a custodian bank and asset servicing institution, providing a range of services to institutional investors, corporations, and high-net-worth individuals.
BNY Mellon primarily operates in two main areas: investment management and investment services.
1. Investment Management: BNY Mellon offers a wide range of investment management services to institutional clients and individual investors. This includes managing and advising on various investment products such as mutual funds, exchange-traded funds (ETFs), separately managed accounts, hedge funds, and other investment vehicles. The company provides customized solutions tailored to meet the specific investment objectives and risk profiles of their clients.
2. Investment Services: BNY Mellon is one of the world's leading providers of investment services, offering a comprehensive suite of solutions to help clients optimize their investment operations. These services include custody and safekeeping of financial assets, clearing and settlement of trades, fund accounting and administration, performance measurement and analytics, and securities lending. BNY Mellon also provides middle and back-office support to investment managers, helping them manage their investment operations efficiently.
In addition to these core businesses, BNY Mellon has expanded into other areas such as treasury services, wealth management, foreign exchange, and risk management.
As a prominent financial institution, BNY Mellon plays a critical role in the global financial system, serving as a trusted custodian of assets, facilitating capital flows, and providing essential services to clients to meet their financial goals and operational needs.