The Bank of New York Mellon Corporation
The Bank of New York Mellon Corporation, which does business as BNY Mellon, is an American worldwide banking and financial services holding company headquartered in New York City. It was formed on July 1, 2007, as a result of the merger of The Bank of New York and Mellon Financial Corporation. It is the world’s largest custodian bank and asset servicing company,with $ 1.8 trillion in assets under management and $ 32.2 trillion in assets under custody as of December 2017.
The Bank of New York Mellon Corporation at a glance
Type | Public |
Traded as | · NYSE: BK · S&P 100 component · S&P 500 component |
Industry | Banking, Financial services |
Predecessor | Bank of New York founded June 9, 1784; 233 years ago Mellon Financial |
Founded | July 1, 2007; 10 years ago |
Founder | Alexander Hamilton |
Headquarters | 225 Liberty Street, Manhattan, New York, United States |
Area served | Worldwide |
Key people | Gerald Hassell (Chairman) Charles Scharf (CEO) |
Products | Corporate banking, Investment banking, Global wealth management, Financial analysis, Private equity |
Revenue | US$15.237 billion (2016) |
Operating income | US$4.725 billion (2016) |
Net income | US$3.548 billion (2016) |
AUM | US$1.72 trillion (Q4 2016) |
Total assets | US$333.469 billion (2016) |
Total equity | US$35.269 billion (2016) |
Number of employees | 52,000 (2016) |
Website | www.bnymellon.com |
Through its Bank of New York predecessor, it is one of the three oldest banking corporations in the United States, and among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Fathers Aaron Burr and Alexander Hamilton.Mellon had been founded in 1869.
Company Profile | BNY Mellon is an investments company. We provide investment management, investment services and wealth management that help institutions and individuals succeed in markets all over the world. For over 100 years, BNY Mellon has maintained a valued presence in Asia Pacific, where we have been one of the first U.S. financial institutions to invest in the region’s vast potential. Today, we have over 12,000 employees in the region and maintain extensive operations in 16 offices across 12 APAC countries. |
BNY Mellon’s Chairman of Asia Pacific | J. David Cruikshank |
BNY Mellon’s Services | |
Alternative Prime Custody Services | We provide a full suite of custody services for alternative investment managers. Our services are flexible enough to access as individual options, or integrated into a complete, end-to-end solution. Safekeeping for Alternatives BNY Mellon offers safekeeping services that enable alternative investment managers to focus on their core competencies and investment strategies. Our custody capabilities are at the center of a strategic range of services that provide: Operational support Access to liquidity channel Customized client reportin |
Fund of Hedge Funds Services | To meet distinct operational and transparency needs, we have created services exclusively for fund of hedge funds. We provide integrated administrative, custodial and trade execution platforms that serve as a complete operational solution. Our support extends throughout the entire investment lifecycle — from transaction processing to reconciliation and reporting — for optimum data access. Highlights: Trade execution, cash settlement and custodial services NAV calculation, accounting and automated fee calculations Web access to multi-level reporting, accounting, investor and trade status reporting Specialized ‘drift’ reports |
Hedge Fund Services | We provide an integrated hedge fund services platform that manages both the middle- and back-offices of onshore and offshore hedge funds. Supporting Our Clients’ Hedge Funds Our comprehensive suite of services streamlines hedge fund operations, minimizes administrative costs and helps investment managers mitigate operational risks. Our hedge fund services help clients service their financial assets throughout the entire investment lifecycle by offering: Support of a full range of investment strategies Customized client reporting Global service model |
Private Equity Fund Services | BNY Mellon provides a full suite of administrative services to support private equity funds. Operations for the Fund Lifecycle By seamlessly integrating our full range of services, we seek to deliver operational excellence, improve transparency and align ourselves as a strategic partner to Private Equity sponsors of the following strategies: Buyouts Venture capital Infrastructure Private equity funds of funds Secondaries Hybrid/distressed Mezzanine financing Real estate |
ASSET SERVICING + Consultant Insight Program Custody & Accounting ETF Services Fund Services Global Risk Solutions Information Delivery Insurance Services Outsourcing Services Transfer Agency Services COLLATERAL MANAGEMENT AND SEGREGATION + Collateral Administration Collateral Management Collateral Segregation CORPORATE TRUST + Asset and Portfolio Administration Conventional Debt Custody and Safekeeping Data Analytics and Information Management Loan Administration Specialized Services Structured Finance DEPOSITARY RECEIPTS + Depositary Receipts Services FOREIGN EXCHANGE + Currency Administration Custody FX Programs FX Payments FX Sales & Trading Services Markets Commentary INVESTMENT MANAGEMENT + Investment Strategies & Vehicles LIQUIDITY SERVICES + Liquidity Services PERSHING CLEARING SERVICES + Broker-Dealer Solutions Enterprise Data Management and Technology Services Investment and Trading Solutions Practice Management Prime Brokerage Solutions Registered Investment Advisor Services SECURITIES FINANCE + Agency Securities Lending Secured Loans TREASURY SERVICES + Client Access Depository Services Electronic Services Global Transaction Banking Industry Solutions Investment Sweep Payables Management Payment Execution Receivables Solutions for Global Financial Institutions Trade Finance and Processing WEALTH MANAGEMENT + Family Office Services Investment Management Investment Servicing & Information Management Wealth & Estate Planning |
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BNY Mellon Serve | BNY Mellon is a provider of investment management, investments services and wealth management, and we are a world-renowned leader in each. By seamlessly integrating our broad yet distinct expertise, as revealed in the solutions below, we help power your success in capital markets around the world.
Asset Managers |
Established | 1784 |
Founder | Alexander Hamilton |
Headquarters | 225 Liberty Street |
The Bank of New York Mellon Corporation |
The Bank of New York Mellon Corporation |
Ticker Symbol | BK |
BN Asset Managers Through Your Lens We understand that as an asset manager in today’s financial markets, you continue to feel the impact of market volatility and globalization, increased regulatory pressures, demand for greater transparency and more complicated reporting requirements than ever before. Meanwhile, your top priority remains the same — managing your clients’ assets for consistent, high-quality returns. That means focusing on: Reviewing your clients’ objectives and desired level of risk Analyzing and reporting on investment performance Optimizing liquidity Boosting and sustaining fund performance Monitoring portfolio diversification Providing top-notch service Increasing transparency Achieving compliance with industry, state and other regulatory bodies The BNY Mellon Solution As the world’s leading global investments firm, we have the global scale, technology, depth of services and unique insights to deliver the solutions to help you succeed. Whatever your investment goals, we support your success by helping you to: Maximize operational efficiency and flexibility Reduce the time spent gathering and organizing data Improve transparency Manage compliance with regulatory bodies Minimize counter-party risk Reduce costs Putting Our Solutions to Work for You Whether you’re executing your investment decision, servicing your client’s portfolio, analyzing and evaluating results or choosing investments — we deliver the tools to help simplify, streamline and enhance the investment management and portfolio administrative process.Asset Managers Solutions BLUE SKY FILING SERVICES FUND STARTUP COLLATERAL MANAGEMENT AND SEGREGATION GLOBAL RISK SOLUTIONS CONVENTIONAL DEBT INVESTMENT STRATEGIES & VEHICLES CUSTODY & ACCOUNTING LIQUID ALTERNATIVES DEPOSITORY RECEIPTS SERVICES PRACTICE MANAGEMENT DOCUMENT SOLUTIONS STRUCTURED FINANCE ETF SERVICES SUBACCOUNTING FAMILY OFFICE SERVICES TRADE FINANCE AND PROCESSING FOREIGN EXCHANGE TRANSFER AGENCY SERVICES FUND SERVICES WEALTH & ESTATE PLANNING Investment Manager Segmentation Sovereign Institutions |
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The Bank of New York Mellon Corporation |
The Bank of New York Mellon Corporation |