BNY Mellon Asset Servicing has been selected by Banco Central de Uruguay as global custodian for its US$4.5 billion portfolio.

In addition, BNY Mellon Asset Servicing will provide investment accounting, performance and risk analytics, and securities lending services.

“We are pleased that we are able to provide the full range of asset servicing solutions that Banco Central requires,” says Patrick E. Curtin, executive vice-president of BNY Mellon Asset Servicing and head of U.S. Asset Services. “It has become increasingly important to be able to go beyond traditional custody and deliver supplemental services such as performance and risk analytics.

Banco Central de Uruguay was created in 1967 and is Uruguay’s central bank.

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