About CIBC Mellon
CIBC Mellon is 50 - 50 jointly owned by CIBC, a leading North American financial institution, and The Bank of New York Mellon, a global financial services company.
Our two main lines of business include asset servicing through CIBC Mellon Global Securities Services Company, and issuer services through CIBC Mellon Trust Company.
CIBC Mellon Global Securities Services Company
Our asset servicing is designed to meet and exceed the needs of our clients:
- Pension funds
- Investment funds
- Insurance companies
- Foreign insurance trusts
- Governments
- Corporations
- Foundations and endowments
- Financial institutions with clients who invest in Canada
We provide our clients with a full range of asset servicing products and solutions, such as:
- Safekeeping, cash management and trade settlement
- Full service investment fund accounting, fund valuation services and unitholder record keeping
- Transition management
- Pension fund administration and benefit payment services
- Multinational services
- Securities lending and borrowing
We deliver key information to our clients, their investment managers and consultants by leveraging Workbench, our online information delivery tool.
Many of the products and services we offer clients leverage the strengths of BNY Mellon Asset Servicing, which includes ABN AMRO Mellon, Performance & Risk Analytics (P&RA), DPM Mellon, Eagle Investments Systems and CIBC Mellon.
We offer four major issuer services to corporate clients:
- Transfer agency - we maintain accurate security holder records, issuing and cancelling certificates, ensuring that requests for transfers are authorized, and continuously checking for transferability.
- Corporate trust - we provide a variety of corporate trust services including debt trustee, securitization and escrow agent services.
- Corporate actions - by combining our expertise, experience, and know-how, we ensure that corporate actions such as tender offers, plans of arrangement and odd lot programs are completed successfully, even when time is of the essence.
- Employee share purchase plan services - through our web-based technology ESPrit®, we provide automation and flexibility for participant record keeping, plan activity controls and conversion facilities. These abilities mean we can accommodate a variety of plan features that encourage maximum participation.
