Nordic custody win for BNY Mellon 04 August 2015Copenhagen Reporter: Stephanie Palmer
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BNY Mellon has been selected to provide custody and securities lending services for Danish insurance company Topdanmark A/S.
Topdanmark鈥檚 international equity and bond portfolios are valued at $2.8 billion.
Henrik Thornval, head of asset management at Topdanmark, said: 鈥淏NY Mellon鈥檚 long-standing commitment to providing custody services, evidenced by its ability to combine an impressive customer technology interface with a high-touch service model, were key factors in our decision to appoint the investments company as our new provider.鈥�
Brian Blanchard, managing director of asset servicing in the Nordic Markets at BNY Mellon, added: 鈥淭opdanmark joins a client base of over 30 asset servicing clients supported by our Nordic team which is spearheaded by our relationship managers in Copenhagen.鈥�
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