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BNY Mellon to open global centre in Wroclaw


2012-03-11



Bank of New York Mellon (BNY Mellon), the US financial services group, on 9 March announced plans to open a Global Delivery Centre in Wroclaw, its first such facility in continental Europe and fifth overall.

To this end, the group will significantly expand an existing service centre in Wroclaw, which it acquired as part of its takeover of PNC Global Investment Servicing in July 2010. Employment at the expanded centre will more than treble to 300 from 90 at the moment. The new staff will perform highly-skilled tasks in the area of fund accounting and investment operations.

Michael Cole-Fontayn, chairman of Europe, Middle East & Africa at BNY Mellon, said: "Poland is a central location within Europe, offering high quality staff and infrastructure, coupled with attractive economics and financial incentives. By leveraging our existing presence and pool of expertise in Wroclaw to create our new GDC, we can more swiftly enhance our offering to our clients as we help meet their needs across multiple geographies and time zones".

BNY Mellon employs 48,000 people worldwide, including 9,000 in the Europe, Africa and Middle East region. It has Global Delivery Centres in Pittsburgh, Manchester, Pune and Chennai.



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