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View More Press Releases by Northern Trust

Press release:

Wyoming Retirement System Selects Northern Trust for Global Custody Services

Issued by: Northern Trust

Date: Oct. 7, 2015

CHICAGO, October 06, 2015 — The Wyoming Retirement System (WRS) has completed a transition to Northern Trust for services including global custody for the system’s $7.4 billion in assets. Northern Trust will also provide securities lending, foreign exchange and performance reporting services.

“Northern Trust’s expertise, service-oriented culture, and streamlined technology platforms were important factors in our selection,” said WRS Executive Director Ruth Ryerson. “Northern Trust specializes in the services that meet the needs of our organization, and the efficiency of their systems and processes will benefit WRS throughout our continued relationship.”

Wyoming Retirement System administers retirement benefits for employees of over 700 public employers statewide. Currently, the membership totals nearly 42,000 active members, 26,000 retired members, 6,000 vested inactive members and approximately 22,000 non-vested inactive members. The active membership is comprised of employees from state and local government, school districts, the University of Wyoming, community colleges, and various other political subdivisions.

“We are excited about the opportunity to help the Wyoming Retirement System meet their unique needs and objectives by offering tailored solutions,” said Marc Cosentino, head of Northern Trust Client Services for Public Funds.  “Our integrated technology platform, and our emphasis on client service and industry expertise, will enable WRS to achieve scale and efficiency throughout our collaboration.”

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2015, Northern Trust had assets under custody of US$6.2 trillion, and assets under management of US$946 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.

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View More Press Releases by Northern Trust


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