Winterflood Securities has appointed BNY Mellon to provide it with US DTCC (US Depository Trust and Clearing Corporation) and Canadian securities clearing and custody services.
Said Simon Rafferty, Winterflood chief operating officer: “BNY Mellon impressed us with its experience and knowledge of the North American securities market and its prominence as a leading custody and clearing provider was an important factor in our decision. BNY Mellon is able to provide us with a solution tailored to our specific trading requirements that allows us to deliver timely, high quality services to our clients.”
Added Scott Coey, head of Broker-Dealer Services EMEA at BNY Mellon: “We continue to invest in our technology and solutions to provide our clients with market leading, comprehensive clearing and settlement services. The functionality will provide Winterflood with more timely trading in the US and Canada and a more efficient and streamlined trading process.”