CIBC Mellon Rings the Bell with NEO to Celebrate 25th Anniversary
A diverse array of CIBC Mellon employees, including Richard Anton, Chief Operations Officer, celebrated the joint venture’s 25th anniversary by ringing the bell with the NEO Exchange, to open the market on July 16, 2021. CIBC Mellon serves Canadian institutions and global investors into Canada in close collaboration with parent companies BNY Mellon and CIBC.
“25 years of investment servicing is an incredible accomplishment. We are proud to host CIBC Mellon on this milestone occasion as we celebrate their continued success, as well as the mutually beneficial relationship we have forged together,” remarked Erik Sloane, NEO’s Chief Revenue Officer. “Like NEO, CIBC Mellon has a strong culture of client-centric service, a deep commitment to innovation, and a core belief that powerful technology can drive better outcomes. We look forward to ongoing collaboration with CIBC Mellon and their clients as they continue to bring innovative offerings to investors via the NEO Exchange and NEO Connect.”
“CIBC Mellon has seen tremendous growth in keeping with its expanding client base, with our engaged team of 1,700 employees now responsible for servicing more than C$2.4 trillion of assets under administration entrusted to us by institutional investors in Canada and global investors into Canada,” said Richard Anton, Chief Operations Officer, CIBC Mellon. “Our team is excited for the future as we work to help our clients continue to innovate and optimize their investment and pension operations by leveraging the scale, insights, global market access, and technology of our global enterprise. We know our clients face rising challenges and complexity, and we are excited to help them drive forward in Canada and around the world.”
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 Mellon) and Canadian Imperial Bank of Commerce (CIBC). As at March 31, 2021, CIBC Mellon had more than CAD$2.3 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.
For more information on CIBC Mellon, visit www.cibcmellon.com
To watch the Digital Market Open event replay, click here.