Vestwell Announces Plan to Acquire BNY Mellons Sumday
Summary
Vestwell will continue to play an integral role as part of BNY Mellon’s investment portfolio of fintech companies to enable client growth strategies and better business outcomes. This deal helps Vestwell further scale the business,” said Roman Regelman, CEO of Asset Servicing and Head of Digital for BNY Mellon. “Clients will continue to leverage best-in-class solutions, seamless integration capabilities, and the safety and security offered through BNY Mellon’s open and modular platform, and have a modern technology-driven experience delivered by Vestwell.” For more information, please visit: http://www.vestwell.com. Our cloud-based digital recordkeeping platform provides the underlying architecture to support financial services and payroll partners, while bringing clients an easier, more flexible, and user-friendly experience delivered at a fraction of the cost. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments.