BNY has been selected by Arbejdsmarkedets Tillægspension (ATP), Denmark’s mandatory government pension scheme, to provide custody and associated services. BNY will provide asset servicing, trade support, collateral management, and other services for ATP’s DKK 718bn (USD100bn) in assets. With 5.6 million members, ATP is one of the largest asset owners in Europe, providing income-related pensions supplementary to the Danish state-funded old-age pension.
