BNY Mellon appointed by Topdanmark

BNY Mellon has been appointed by Topdanmark A/S, Denmark’s second largest insurance company, to provide custody and securities lending services for its international equity and bond portfolios.

Henrik Thornval, head of Asset Management at Topdanmark, said: “BNY Mellon’s 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.”

“Topdanmark joins a client base of over 30 asset servicing clients supported by our Nordic team which is spearheaded by our relationship managers in Copenhagen,” adds Brian Blanchard, Managing Director of Asset Servicing, Nordic Markets at BNY Mellon.

“As financial markets and the regulatory landscape continue to evolve BNY Mellon remains committed to investing in its staff, services and client seminars – which cover topics such as tax and regulation – to ensure that we can support our clients across the region.”

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