Delaware Investments Gets The Back Office Services From BNY Mellon28th December 2009
A Philadelphia based company which deals in diversified management of the assets called Delaware Investments, has now agreed to get the services of BNY Mellon Asset servicing for the purpose of having the back office services. BNY Mellon will be using the technology of Eagle Pace and Eagle Star for giving services for administration, accounting, and many of the other back office services to support the mutual funds, which are Dublin domiciled, institutional separate accounts and many of the other products of Delaware Investments of United States.
Phil Russo, who is the executive vice president as well as the administrative office of the Delaware Investments, has said in one statement that moving towards the BNY Mellon Asset Servicing for performing these significant functions decreases the overall risk profile and will also be making the cost of the company to be more predictable.
Delaware Investments is affiliated with Lincoln Financial Group and is a diversified company for managing the asset based in Philadelphia with greater than $135 billion in the assets which are under the management. With the help of the managed accounts as well as with mutual funds, portfolios, sub-advised accounts, retirement accounts and many of the other investment products, the company gives the investment services for the investors both individual ones and the institutional ones.
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