CIBC Mellon has been appointed to provide asset servicing solutions to Trio. CIBC will offer solutions including custody, pension accounting, benefit payments, and its real-time online information delivery platform Workbench. Trio provides healthcare benefits and pension plan services to employees and elected officials in more than 100 municipalities across Newfoundland and Labrador. With more than $50 million in assets under administration, Trio is an organization for municipalities managed by municipal officials.
Click here for the release from Canada Newswire.