Global Cusodian magazine has awarded top marks to RBC Dexia Investor Services and CIBC Mellon is the magazine’s 2009 Agent Banks in Major Markets Survey.

The annual survey, currently in its twenty-first year, measures the quality of services that custodians provide to their clients.

RBC Dexia is the only provider in the Canadian market to achieve Top-Rated status across all three of the survey’s categories (Leading Clients, Cross-Border and Domestic). The company has won Top-Rated status in the prestigious Leading Clients segment since its introduction and Top-Rated status for domestic services in Canada since the company’s inception in 2006.

“We are absolutely delighted to have been recognized as the Top-Rated provider for the quality of our custody services on two separate continents,” said José Placido, CEO of RBC Dexia.

“This survey is of particular importance to our organization because the results are voted on by our clients,” he added.

CIBC Mellon Global Securities Services Company ranks first in Canadian subcustody according the survey, and is Top-Rated by both leading and cross-border clients.

“In the estimation of its leading clients, CIBC Mellon just keeps getting better,” wrote the survey’s editors based on strong client feedback.

In addition to being ranked first and Top-Rated by leading and cross-border client segments, CIBC Mellon is the only Canadian provider to be Top-Rated by cross-border clients for the past five years.

The annual survey solicits feedback from global financial institutions and measures the quality of subcustody services provided in major markets across 11 service categories.

The complete survey results can be found in the fall issue of Global Custodian.

IE