PNC PNC Financial Services Group Inc

Latest Offering Combines Robust Capabilities with Regulatory Administration Expertise WILMINGTON, Del., Jan. 14 /PRNewswire-FirstCall/ -- PNC Global Investment Servicing announced today the launch of full-service processing for exchange traded funds (ETFs). A dedicated team will provide fund administration, custody and transfer agency services for both indexed and actively-managed ETFs. Clients can take advantage of a full-service offering that also incorporates the organization's extensive regulatory administration services, including SEC filing coordination, board meeting preparation, and insurance and fidelity bond support. In addition, PNC offers full custody and security servicing, including ETF creation, broker redemptions, corporate actions, and Index Receipt Agent services. "We are excited to offer a comprehensive service to clients within this growing market," said Stephen M. Wynne, chief executive officer. "In the last five years, ETFs have experienced an average annual growth rate of more than 30 percent, a trend expected to continue in the coming years. For more than three decades, we have provided administration, custody and transfer agency services for a wide range of mutual fund and alternative investment products to help clients increase efficiencies and simplify workflow. By combining these services with the added benefit of the expertise of over 90 regulatory and tax professionals, PNC Global Investment Servicing provides a single-source ETF offering that allows clients to aim their focus on the management of their investments." PNC Global Investment Servicing (http://www.pncgis.com/) is a leading provider of processing, technology and business intelligence services to asset managers, broker/dealers and financial advisors worldwide. PNC Global Investment Servicing offers fund accounting and administration, custody, transfer agency, alternative investment, subaccounting, managed account and wealth management reporting services, representing more than $2.3 trillion in total assets. The PNC Financial Services Group, Inc. (NYSE:PNC) (http://www.pnc.com/) is one of the nation's largest diversified financial services organizations providing retail and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global investment services. DATASOURCE: PNC Global Investment Servicing CONTACT: Rob Tacey of PNC Global Investment Servicing, +1-302-791-2859, Web Site: http://www.pncgis.com/

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