BNY Mellon a global leader in investment management and investment services, announced today that it will provide global custody, accounting and reporting, compliance monitoring, benefit disbursements, cash sweep and securities lending to the Wichita, Kansas Retirement Systems (WRS).
“Wichita Retirement Systems selected BNY Mellon to provide custody services, due to their unmatched level of understanding of Public Funds relevant in today’s market,” said Pam Beim, Wichita Retirement Systems Pension Manager. “We look forward to partnering with their experienced specialists that are focused on relationship-building and client satisfaction.”
WRS provides retirement and survivor annuities, disability benefits, death benefits, and other benefits for the public employees and retirees of Wichita, Kansas. The deal illustrates BNY Mellon’s focus on strategic Midwestern partnerships.
“We are excited to be appointed by the Wichita Retirement Systems and look forward to supporting them and their constituents,” said Dan Smith, Head of BNY Mellon’s Asset Servicing business in the Americas. “Our unmatched servicing team, technology, stable balance sheet, and industry expertise will help them achieve their investment goals, so the people of Wichita can receive their pension benefits.”
To learn more about BNY Mellon Asset Servicing, please visit our website or submit a request by clicking here and a member of BNY Mellon’s Asset Servicing team will contact you.