Northern Trust to Provide Global Custody for WellSpan Health

CHICAGO--(BUSINESS WIRE)-- WellSpan Health has selected Northern Trust to serve as global custodian for its $1.6 billion in assets. Northern Trust will deliver additional services including foreign exchange, alternative asset administration, pooled accounting and performance reporting.

WellSpan Health is a large, integrated healthcare network serving south-central Pennsylvania. With more than 11,000 employees, a system of four hospitals and more than 90 patient care locations offering diagnostic imaging, laboratory, rehabilitation, primary care, retail and pharmacy services in addition to walk-in health care, WellSpan Health provides medical care to a wide range of patients.

“We are pleased to add WellSpan Health to our growing list of healthcare clients,” said Marc Cosentino, head of Northern Trust Institutional Client Services. “WellSpan Health will benefit from our technology solutions, focused on delivering information in a timely and flexible format. We are gratified to see clients validate our service model based on providing custom, scalable solutions to meet their increasing and evolving needs.”

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 March 31, 2015, Northern Trust had assets under custody of US$6.1 trillion, and assets under management of US$960.1 billion. For 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

View source version on businesswire.com: http://www.businesswire.com/news/home/20150709005856/en/

North America Contact:
Northern Trust
Tim Hacker, +1 312 557 6090
[email protected]
or
Asia-Pacific & EMEA Contact:
Northern Trust
Camilla Greene, +44 (0) 207 982 2176
[email protected]
http://www.northerntrust.com

Source: Northern Trust Corporation

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