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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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