BNY Mellon’s strength is in the breadth of services it offers, according to Paul Traynor, head of the company’s EMEA insurance segment, based in London. “We do two things: we are an investment manager and an investment services specialist. We help insurers manage, move, value and keep safe their assets,” says Traynor.
The company has assets under custody in excess of $2.2 trillion (£1.3 trillion). Its clients include 75% of the top 100 life insurers and 70% of the top 50 non-life insurers. It is