BNY MELLON ASSET SERVICING, WILSHIRE ASSOCIATES EXPAND ALLIANCE

 

Posted June 25, 2008

 

NEW YORK – BNY Mellon Asset Servicing has extended its strategic alliance with Wilshire Associated Incorporated, a global investment technology, financial services and consulting firm. The alliance began in 2004 preceding BNY’s merger with Mellon Financial Corporation in July 2007.

 

The extension of the alliance will include clients of both legacy BNY and Mellon businesses, and will give clients an outsourced solution for data management, production and support challenges. Together, BNY Mellon Asset Servicing and Wilshire Associates provide global risk services to more than 2,550 institutional investor clients that manage more than $22.1 trillion in assets.

 

“Our relationship with Wilshire has been an outstanding success and we are delighted to extend our alliance so that all our clients can reap the benefits,” says Gerald L. Hassell, President of BNY Mellon. “Wilshire’s advanced attribution and analytics offerings provide the perfect complement to our powerful performance measurement and analytical capabilities, enabling us to offer a more compelling and holistic solution to global institutional clients.”

 

   
     

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