CIBC Mellon has formed a partnership with Financial Recovery Technologies (FRT), a provider of securities class action recovery services to the investment community. Through this collaboration, Canadian institutional investors will be able to subscribe for enhanced governance, recovery, and shareholder litigation solutions from FRT to help them navigate the complexities associated with class action claims across a broad range of market jurisdictions. CIBC Mellon and FRT worked together to establish processes and streamline coordination of services between the organisations and their clients. BNY Mellon established a partnership with FRT in 2021.
