Outsourcing has reached a new norm, following the financial crisis and the regulatory change that resulted from it. Buyers no longer want relationships where they are bound to large-scale lift outs. Instead they want component-based services.
Samir Pandiri, executive vice president and CEO of Asset Servicing at BNY Mellon, spoke with Global Custodian to share his thoughts on outsourcing trends.
Learn more by downloading Outsourcing in a Brave New World.
Source: Global Custodian Spring Issue, 2015
“As regulations continue to change, that will drive more complexity. Managers will need a partner with scale – a provider who can support them as things become ever more complex.”Samir Pandiri, Executive Vice President and CEO of Asset Servicing at BNY Mellon
Executive Vice President and CEO of Asset Servicing, BNY Mellon
Samir is an Executive Vice President of BNY Mellon and is CEO of Asset Servicing. Prior to his appointment as CEO of Asset Servicing, he served as CEO of Asset Servicing in the Americas and CEO of BNY Mellon’s Alternative Investment Services and AIS Prime Custody businesses.View Profile