NEW YORK, JULY 24, 2025 -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced it has been appointed by Franklin Templeton, a global investment management organization, to provide a full suite of asset servicing and foreign exchange capabilities for its U.S.-listed ETF products.
Franklin Templeton is expanding its long-standing relationship with BNY to leverage additional services for one of its fastest-growing product ranges. BNY supported the launch of three of Franklin Templeton’s digital asset ETFs and will now be able to deliver the full scope of BNY’s industry-leading ETF platform, Exchange-Traded Execution (ETX), which provides flexibility, scale and efficiency across the end-to-end ETF lifecycle. In addition, Franklin Templeton will continue to benefit from BNY’s broader solutions, enabling asset growth and operating model efficiency.
“BNY has been supporting Franklin Templeton for nearly three decades and we’re proud to be deepening our relationship to now deliver end-to-end ETF solutions,” said Emily Portney, Global Head of Asset Servicing at BNY. “BNY remains a provider of choice for the market’s leading ETF issuers, and we’re committed to supporting the continued growth of Franklin Templeton’s ETF business.”
“We value our relationship with BNY and the opportunity to further utilize their platform and services,” said Patrick O’Connor, Global Head of ETFs at Franklin Templeton. “As we position our ETF business for its next phase of growth, we are excited to enhance both asset growth and operational efficiency for our clients.”
Media Contacts
BNY
Saurav Karia
saurav.karia@bny.com
BNY
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of June 30, 2025, BNY oversees $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.
Franklin Templeton
Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.57 trillion in assets under management as of May 31, 2025. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.