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BNY Appointed by WisdomTree to Provide Asset Servicing Solutions for Europe-listed Products
The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, today announced it has been selected by WisdomTree, Inc. (NYSE: WT), a global financial innovator, to provide custody, accounting, fund administration and ETF services for its Europe-listed products, WisdomTree Europe has assets under management; totaling $40.1 billion.1
BNY is expanding its relationship with WisdomTree as custodian, administrator, depositary and ETF servicing provider across its U.S.-listed products, to now include capabilities which support its Irish-domiciled UCITS ETFs. As a leading global provider of fund administration and depositary services with extensive experience in the ETF industry, BNY will continue working closely with WisdomTree to gain scale and efficiencies across its global operations.
“WisdomTree is recognized for providing innovative and differentiated strategies for investors in Europe and globally,” said Hani Kablawi, Head of International at BNY. “Leveraging BNY’s global presence, robust technological capabilities and unique role across the financial ecosystem, we are thrilled to deliver solutions that can enable the continued growth of WisdomTree’s European platform across model portfolios, retail distribution and digital assets.”
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