BNY Mellon signs up Conn. firm

BNY Mellon Asset Servicing of Boston said today that it will provide managed accounts and institutional back office outsourcing support for O'Shaughnessy Asset Management LLC, a quantitative investment firm based in Connecticut.

Services that BNY Mellon will provide to O'Shaughnessy include account administration, transaction processing, portfolio accounting, custodian reconciliations, performance measurement, client reporting, and client billing, BNY Mellon said.

BNY Mellon Asset Servicing is a division of the Bank of New York Mellon Corp., a global financial services company.
(By Chris Reidy, Globe staff)