November 12, 2015

BNY Mellon celebrates opening of new EMEA Innovation Centre

BNY Mellon celebrates opening of new EMEA Innovation Centre

BNY Mellon Chairman and CEO, Gerald Hassell; EMEA Innovation Centre Head, Leda Glyptis; EMEA Chairman, Michael Cole-Fontayn and CIO, Suresh Kumar at the opening of the new EMEA Innovation Centre in London on 11 November, 2015


BNY Mellon’s new EMEA Innovation Centre in London has been officially opened by global CIO Suresh Kumar in a day of celebrations attended by clients, budding fintech entrepreneurs and employees.

The EMEA Innovation Centre is BNY Mellon’s fifth innovation center to open in the last three years with each center serving a different purpose to suit the needs of the company’s internal clients, external clients, consultants and fintech companies.

The other centers include:

Palo Alto, US: Silicon Valley has developed an extraordinary culture of idea and information sharing. As an integral member of the community, BNY Mellon collaborates with the Silicon Valley Financial Services Cloud to host and participate in tech meet-ups where new ideas are freely shared and discussed.

Jersey City, US: Focuses on developing technology products in conjunction with our business strategy and the financial industry.

Pune, India: Was created to allow for service sharing and adaptation of new architecture by co-locating technology and operations.

Chennai, India: Focuses on promoting and building talent around BNY Mellon’s ground-breaking digital ecosystem, NEXEN, and leverage data analytics to solve some of the important business problems for the firm.

Pittsburgh, US: Will open in Spring 2016 and will focus on co-locating technology and operations groups to provide an agile working environment. Also, to promote BNY Mellon as a tech leader to the local universities and utilize the space as a recruitment tool.

BNY Mellon’s new EMEA Innovation Centre will bring together tech start-ups, developers, industry experts and researchers to collaborate, disrupt and experiment.

The site aims to provide an open ecosystem to create ground-breaking solutions which reimagine the future of finance.  

Elsewhere in fintech:

Why London – Mark Gibbons, Chief Information Officer – EMEA, BNY Mellon on why the company chose the British capital as the location for its EMEA Innovation Centre.

Digital disruption - Why financial institutions need to learn faster and do business in a more agile way to thrive in the face of fintech disruption.

Innovating at the core of financial services – Watch Leda Glyptis, discuss opportunities to create infrastructures that power retail players and generate network effects, and collaborating with fintechs as we move towards sharing economies.