Pershing, a BNY Mellon company, is opening a Jersey-based subsidiary company in response to client demand for access to both onshore and offshore investment opportunities.
The company says the new office will deliver a full breadth of services from order execution, including direct market access and support of the full transaction life-cycle, to asset custody in a “unique service model”. Pershing is a supplier of front-to-back outsourcing services and solutions to private banks, private wealth managers and brokers, and presently serves clients from offices in the UK and Ireland. The aim of the Jersey office is to provide clients with an integrated offshore solution across all of the asset classes used by private wealth firms. “Opening a Channel I...
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