SPONSORED BUYERS GUIDE
Custody Assets: 2013: C$1.35 trillion
2012: C$1.23 trillion
Ratings: Moody’s: LongTerm Dep Rating:A1; Sh.Term Dep Rating: P-1; Long Term Issuer Rating: A1; Bank Financial Strength Rating: C+; Outlook: Stable. DBRS: L/T Dep Rating: AA (Low); S/T Dep Rating: R-1 (Middle); Outlook: Stable.
Profile of Clients by Percentage: By location: Canada: 94% USA: 2% Global: 4% By investor type: Investment funds: 36% Pension: 25% Global Financial Institutions: 12% Corporate: 9% Insurance: 8% Government: 6% Other: 4% Foreign: 6.1% Domestic: 93.9%
Number of Countries Served: 22
Client Service Differentiators: Repeatedly recognized for its excellence in relationship management and customer service, we have company representatives across the country who can trouble-shoot problems should they arise.
Product Developments: CIBC Mellon rolled out its Corporate Actions online functionality feature for WorkbenchSM in the spring of 2013. WorkbenchSM is CIBC Mellon’s online custody-related information delivery tool for clients. Clients often state that the corporate actions feature is perhaps the most important aspect of custody-related information they seek. Responding to corporate actions in a timely fashion is a critical component of effective portfolio investment management
Innovative Technology Platforms: CIBC Mellon’s U.S. parent, BNY Mellon, recently launched enhanced market and subcustodian intelligence accessible via new links called “Market Profiles” inside its Workbench custody-information delivery platform. In addition, CIBC Mellon launched a powerful, new web application specifically for investment fund company clients – named Data Edge Pro™. CIBC Mellon is the first custodian in Canada to develop a unitholder data management technology tool – like Data Edge Pro.
Outlook: CIBC Mellon’s assets under administration has grown 10% compounded annually over the last 5 years. Much of this growth has come from market gains in addition to new client additions.
Title: CIBC Mellon Trust Company (CMTC) which is a federally regulated financial institution, and supervised by the Office of the Superintendent of Financial Institutions Canada (OSFI). For regulatory capital purposes, CMTC has elected to apply the basic indicator approach for operational risk and the standardized approach for credit risk. CMTC is a privately and jointly held company of CIBC and BNY Mellon.