BNY Mellon Asset Servicing has been reappointed by ING Funds as global custodian for about US$117 billion in assets.

In continuing a five-year partnership, BNY Mellon will also provide fund accounting, securities lending, risk reporting, foreign exchange and shareholder servicing to ING Funds.

“We look forward to providing ING with the benefit of our growing capabilities,” says Patrick E. Curtin, executive vice-president of BNY Mellon Asset Servicing and head of U.S. Asset Services.

Separately, BNY Mellon Wealth Management has launched a new internet platform for wealthy individuals and family offices. The platform, called Private Workbench, builds on the organization’s institutional capabilities.

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