TORONTO, November 1, 2017 — RBC Investor & Treasury Services (RBC I&TS), part of Royal Bank of Canada (RY on TSX and NYSE), today announced it has been appointed custodian for Aviva Canada, providing custody, foreign exchange and securities lending services on the insurance company’s corporate treasury assets.
Aviva Canada is one of the leading property and casualty insurance groups in the country providing home, automobile, leisure/lifestyle and business insurance to more than three million customers.
“The addition of a client of Aviva Canada’s standing in the Canadian insurance sector further consolidates our leading position in this market,” said David Linds, Managing Director and Head of Asset Servicing Canada, RBC Investor & Treasury Services. “Our deep understanding of the insurance market, coupled with our leading custody and securities lending services, enables us to confidently provide clients such as Aviva Canada with best-in-class services to meet their evolving needs.”
About RBC Investor & Treasury Services
RBC Investor & Treasury Services is a specialist provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide. We serve clients from 17 countries across North America, Europe, Asia and Australia, delivering services to safeguard client assets and maximize liquidity. Rated by our clients as the #1 global custodian for seven consecutive years (Global Custody Survey, Global Investor ISF, 2011 to 2017), RBC I&TS is trusted with CAD
4.2 trillion in client assets under administration as at July 31, 2017.
About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have approximately 81,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 35 other countries. For more information, please visit rbc.com.
RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments and employee volunteer activities. For more information please see: http://www.rbc.com/community-sustainability/.
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For more information, contact:
Briana D’Archi (North America)
+1 416 955 5658
briana.darchi@rbc.com
Adam Lister (Europe)
+44 (0)20 7653 4978
adam.lister@rbc.com