The Bank Of New York Mellon Corporation · NYSE:BNY
The Bank Of New York Mellon — 22nd Annual Credit Suisse Virtual Financial Services Forum (February 2021)
12 slides from The Bank Of New York Mellon's conference presentation, Feb 25, 2021
Slide 1: 22nd Annual Credit Suisse Virtual Financial Services Forum
nd 22 Annual Credit Suisse Virtual Financial Services Forum BRIDGET ENGLE Chief Operations and Technology Officer February 25, 2021
Slide 2: Cautionary Statement
Cautionary Statement A number of statements in The Bank of New York Mellon Corporation’s (the “Corporation”) presentation, the accompanying slides and the responses to your questions are “forward-looking statements.” Words such as “estimate,” “forecast,” “project,” “anticipate,” “likely,” “target,”
Slide 3: BNY Mellon Drives the World's Financial Infrastructure
BNY Mellon Drives the World’s Financial Infrastructure #1 (a) #1 #1 (b) Top 7 (c) World’s largest custodian Sole clearer of US Treasuries Clearing firm for broker dealers Largest asset manager globally Assets under Average tri-party $41.1tn custody and/or administration (d) $3.6tn collateral managem
Slide 4: Evolved Our Operating Model to Build the Capabilities to Grow
Evolved Our Operating Model to Build the Capabilities to Grow Building on our modernized infrastructure and resiliency, and leveraging our foundation of global technology functions, we are fostering an agile, dynamic operating model 2018 2021 AND BEYOND Technology and Global Operations and Operation
Slide 5: Self-Funding Investments and Creating Reinvestment Capacity
Self-Funding Investments and Creating Reinvestment Capacity ADJUSTED EXPENSES ($ billions) CAGR +0.4 (1.2) 2017-2020 Volume +0.9 (b) (a) 10.6 10.8 +1% 2017- 2020 Eliminate Drive Product Reduce end-of-life innovation manual FX Trades +36% technology processes Redesign and Modernize automation of Simp
Slide 6: Accelerating Operational Efficiencies by Investing in Automation
Accelerating Operational Efficiencies by Investing in Automation DRIVING INCREASING BENEFITS Investment in Automation ~8x 1x ~4x 2019 2020 2021 3-5 Years Process Improvements Realized Efficiency Initiatives Underway 94% 96% • Payment Optimization: Improving the payments process including increasing
Slide 7: Implemented a Disciplined Approach to Technology Investments
Implemented a Disciplined Approach to Technology Investments Innovative DNA Invested in talent with continuous technical assessment and learning culture Production Product Services Innovation Automated core processes Application development to manage and monitor enabling client capabilities producti
Slide 8: Powering the Organic Growth of our Businesses
Powering the Organic Growth of our Businesses ASSET SERVICING • Expanding client capabilities with Open Modular Network Integration Platform (OMNI) • Advancing Data and Analytics Solutions products PERSHING • Modernizing Custody Platform with enhanced TREASURY SERVICES client experience and support
Slide 9: Delivering a Best-in-Class Client Experience and Pioneering Innovative Solutions
Delivering a Best-in-Class Client Experience and Pioneering Innovative Solutions Delivered a strong Creating meaningful internal Providing consistent best-in- foundation with state-of-the- reinvestment capability by class client experience art infrastructure, robust data driving the efficiency agend
Slide 10: Q&A the Team's Unique and Patented
BNY Mellon Data and Analytics Solutions BNY Mellon Wins Regional 2020 Wins Several Prestigious Industry Awards Gartner Eye on Innovation Award Named Best New Technology Introduced Over the Last The award recognizes innovative use of digital technology- 12 Months in the AI, machine learning and analy
Slide 11: Footnotes
Footnotes BNY Mellon Drives the World’s Financial Infrastructure, Page 3 All figures as of 12/31/20 unless otherwise noted. a) Source of ranking based on peer group company filing as of September 30, 2020. Peer group included in ranking analysis: STT, JPM, C, BNP, HSBC, NTRS and RBC. b) Ranked #1 in
Slide 12: Consider Everything
Consider Everything Sm BNY MELLON