CIBC Mellon Acclaimed for Exchange-Traded Fund Technology at Global Custodian's Industry Leaders Awards 2024

Celebrating the fund services industry's biggest names in 2024, CIBC Mellon was recognized as a top performer for its technology from Global Custodian's annual survey.

TORONTO, Dec. 11, 2024 /CNW/ - Today, CIBC Mellon announced that it has been recognized for its innovative ETF technology at Global Custodian's 2024 Industry Leaders Awards. The award ceremony took place on November 21, recognizing top performers in fund services globally.

"We are pleased to be recognized for our ETF technology, which continues to set a high standard in supporting the evolving needs of the investment community," said Richard Anton, Chief Client Officer, CIBC Mellon. "This recognition reflects the dedication and expertise of our teams, who work tirelessly to deliver cutting-edge solutions and exceptional service to our clients, enabling them to achieve their goals in a rapidly changing market."

"The ETF landscape in Canada has undergone significant transformation, and this award reinforces our commitment to staying at the forefront of innovation," said Ronald C. Landry, Vice President, Head of Asset Managers and ETF Solutions, CIBC Mellon. "As the demand for ETFs grows, we remain focused on delivering advanced technology and insights to help investors and asset managers navigate opportunities, enhance efficiency, and align with market trends."

Lottie Sweeney, Head of Insights and Analytics, Global Custodian, added, "CIBC Mellon's ETF technology was highlighted for its ability to deliver operational support and meet the needs of a dynamic and complex investment environment."

Global Custodian's Industry Leaders Awards

Global Custodian's Industry Leaders Awards recognize the specific achievements made by hedge fund administrators, mutual fund administrators, prime brokers, private equity fund administrators, exchange-traded fund administrators, and for the first time this year, the top achievers from Global Custodian's Outsourced Trading survey.

Media Contact for CIBC Mellon:

Alexandra DeCata, Corporate Communications, CIBC Mellon,

416-643-6126, [email protected]

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 September 30, 2024, CIBC Mellon had more than C$2.9 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 September 30, 2024 had US$52.1 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. www.cibcmellon.com

SOURCE CIBC Mellon