BNY Mellon and PeopleStrategy, Inc. Enter into Long-Term Service Bureau Licensing and Payroll Relationship

<p><location value="LU/us.ga.atlnta" idsrc="xmltag.org">ATLANTA</location>--(BUSINESS WIRE)-- <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.peoplestrategy.com&esheet=50015909&lan=en-US&anchor=PeopleStrategy%2C+Inc.&index=1&md5=53067e7d3c0f3b371f2311b37a502241"><org>PeopleStrategy, Inc.</org></a>, a leading provider of innovative Software-as-a-Service human resources management and payroll solutions, today announced a strategic relationship with <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bnymellon.com%2F&esheet=50015909&lan=en-US&anchor=BNY+Mellon&index=2&md5=742382c77b35f0e2150180d01a8b244d">BNY Mellon</a>, the global leader in investment management and investment services. </p><p> Under the agreement, the terms of which were not released, BNY Mellon has entered into a long-term licensing arrangement to utilize PeopleStrategy’s <org>Pension Payment Software</org> to deliver payroll services to its 500+ pension customers servicing nearly 2 million pensioners. Additionally, BNY Mellon will begin offering PeopleStrategy’s Payroll and Human Resources solutions to its corporate clients. </p><p><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bnymellon.com%2Fdiversity%2Fdittrich.html&esheet=50015909&lan=en-US&anchor=Frank+Dittrich&index=3&md5=da82308ac37b6970100dea7e1cc6d96e"><person>Frank Dittrich</person></a>, BNY Mellon’s Executive Director and Executive Vice President for Asset Servicing Operations, said, “We are always looking for new and innovative ways of delivering the best services and information to our clients. We have utilized PeopleStrategy solutions for years and our respective organizations share a keen focus on service excellence and customer satisfaction. This relationship demonstrates our continuing appreciation for PeopleStrategy’s solutions and the value those solutions bring to our clients.” </p><p> About the agreement, <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.peoplestrategy.com%2Fleadership-team&esheet=50015909&lan=en-US&anchor=Randy+Cooper&index=4&md5=645128b6c112d275720b25271a2782f6"><person>Randy Cooper</person></a>, PeopleStrategy’s Chief Executive Officer, said, “BNY Mellon is a world-renowned leader in the financial services industry. We are proud to be associated with a company with a customer focus that matches our own philosophy of Clients for Life?. We look forward to expanding our offerings with BNY Mellon in a way that delivers value and service improvement to our shared customers.” </p><p><b>About <org>BNY Mellon, Inc.</org></b><br />BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has <money>$26.3 trillion</money> in assets under custody and administration and <money>$1.3 trillion</money> in assets under management, services <money>$11.8 trillion</money> in outstanding debt and processes global payments averaging <money>$1.7 trillion</money> per day. BNY Mellon is the corporate brand of <org value="NYSE:BK" idsrc="xmltag.org">The Bank of New York Mellon Corporation</org> (NYSE: BK). Additional information is available at <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bnymellon.com&esheet=50015909&lan=en-US&anchor=www.bnymellon.com&index=5&md5=113e6f85278f2c6d581ab0d58fd7f2da">www.bnymellon.com</a> and through Twitter @bnymellon. </p><p><b>About <org>PeopleStrategy, Inc.</org></b><br />PeopleStrategy provides Human Resource Management (HRM) enterprise systems delivering Fortune 500 level performance in a way that makes sense for companies of any size. Founded in 2002, PeopleStrategy is a privately held company headquartered in <location value="LU/us.ga.atlnta" idsrc="xmltag.org">Atlanta, Ga.</location> With nearly 3 million employees using its direct access HRMS solutions, PeopleStrategy services a diverse client base that includes retail, manufacturing, healthcare, and financial services clients, as well as a broad representation of other industries. </p><p> PeopleStrategy's "Software as a Service" (SaaS) product streamlines administrative tasks, promotes employment compliance and risk management and strengthens workforce productivity. It provides infinite configurations, ease of use and significant cost advantages with an industry-leading HRMS automation system. Beyond its innovative workflow technology, PeopleStrategy's solution can be an organization’s sole HRMS solution, or easily integrate with current applications while minimizing the need for IT support. To learn more about PeopleStrategy’s products and services, visit <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.peoplestrategy.com&esheet=50015909&lan=en-US&anchor=www.peoplestrategy.com&index=6&md5=b08b948ee9d9e0a8b2e150d4806ca4e2">www.peoplestrategy.com</a></p><p><img alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&sty=20111003006712r1&sid=acqr4&distro=nx" /><span class="bwct31415" /></p><p><org>PeopleStrategy, Inc.</org><br /><person>Steve Whittier</person><br />404-410-4177<br /><a href="mailto:[email protected]">[email protected]</a></p><p>Source: <org>PeopleStrategy, Inc.</org></p>