TORONTO, June 19,
2024 /CNW/ - Today, CIBC Mellon announced that
it has been named "Best ETF Custodian in Canada," "Best Overall ETF Administrator in
Canada," and "Best ETF Back
Office Tech Provider in Canada"
according to the ETF Express Canadian Awards 2024.
"As we look ahead, the ETF industry in Canada is poised for continued growth and
forward-thinking solutions, and we are moving quickly to support
the evolving needs of clients," said Ronald C. Landry, Vice President, Head of Asset
Manager and ETF Solutions. "With the increasing popularity of
ETFs as investment vehicles, we anticipate the acceleration of key
developments as investors align their portfolios with their
interests or capitalize on emerging trends. These awards not only
reflect our commitment to excellence, but also showcase our
position as a leader in the Canadian market."
"I am very pleased to see Canadian institutions so well
represented among the winners in our inaugural ETF Express Canadian
ETF awards," said Beverly
Chandler, Managing Editor, ETF Express. "Many
congratulations to all the winners and to CIBC Mellon as Best ETF
Custodian in Canada and Best
ETF Back Office Tech Provider."
About ETF Express
ETF Express is one of the oldest publications focused on the
flourishing global ETF industry. Launched in the UK in 2006, ETF
Express is a daily, live, digital service, bringing you news,
features, interviews and analysis in real time on this vibrant
industry.
About CIBC Mellon
CIBC Mellon is a Canadian company exclusively focused on the
investment servicing needs of Canadian institutional investors and
international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50
jointly owned by The Bank of New York Mellon (BNY) and Canadian
Imperial Bank of Commerce (CIBC). CIBC Mellon's investment
servicing solutions for institutions and corporations are provided
in close collaboration with our parent companies, and include
custody, multicurrency accounting, fund administration,
recordkeeping, pension services, exchange-traded fund services,
securities lending services, foreign exchange processing and
settlement, and treasury services. As at March 29, 2024, CIBC Mellon had more than
C$2.8 trillion of assets under
administration on behalf of banks, pension funds, investment funds,
corporations, governments, insurance companies, foreign insurance
trusts, foundations and global financial institutions whose clients
invest in Canada. CIBC Mellon is
part of the BNY network, which as at March
29, 2024, had US$48.8 trillion
in assets under custody and/or administration. CIBC Mellon is a
licensed user of the CIBC trade-mark and certain
BNY trade-marks, is the corporate brand of CIBC Mellon Global
Securities Services Company and CIBC Mellon Trust Company, and may
be used as a generic term to refer to either or both companies.
For more information, including CIBC Mellon's latest knowledge
leadership on issues relevant to institutional investors active
in Canada, visit www.cibcmellon.com.
Media Contact: Brent Merriman,
Corporate Communications, CIBC Mellon, 416-643-5065,
brent.merriman@cibcmellon.com
SOURCE CIBC Mellon