c07-customer-stories

BNY Mellon

BNY Mellon is a leading asset management and securities services company. It processes an average of $1.5 trillion in global payments every day, holds $21.8 trillion of assets under custody and administration and has $1.0 trillion in assets under management.

 

“Yes, the Informatica solution saves BNY Mellon money, but more importantly it allows us to use our intellectual property more effectively. Our developers, for example, aren’t sitting here writing code all day; they're working faster, innovating and focusing their cumulative knowledge on solving business problems.”

— Sateesh Prabakaran, Chief Architect, Bank of New York Mellon

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Business Need

Accelerate successful merger outcome.

Increase operational efficiency.

Enhance business agility.

Improve customer service and retention.

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Challenges

Rapidly integrate the data of the two merging banking organizations to more immediately realize synergies, achieve a higher rate of success and introduce a reusable technology infrastructure to support subsequent mergers and acquisitions.

Harmonize, transform and enrich the data from the two organizations—introducing a holistic, single view of information.

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Solutions & Results

Informatica provides BNY Mellon with a unified platform that connects all of the bank’s information and delivers accurate, shared and trusted information throughout the business.

Enabled bank to quickly realize business benefits of merger.

Reduced cost of data integration on Asset Servicing project by 50%.

Combined client base, with minimal customer interruption.

Created an integrated information delivery platform for 30,000 global institutional clients of its Asset Servicing business.

Reduced costs across the global organization.

Enabled staff to innovate and focus cumulative knowledge on solving business problems.

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Products & Services

Informatica PowerCenter

Accesses, integrates, and delivers any and all data quickly and cost-effectively, without hand coding.

Informatica Professional Services

Provides a full range of professional services based on Informatica’s proven implementation methodology.

Success Stories

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