The  BNY  Mellon  NEXEN  API  Program  

Michael  Gardner  Managing  Director,    Head  of  Innova?on  Center  Silicon  Valley    

A  li%le  bit  about  BNY  Mellon…  

BNY  Mellon:  Built  for  Investors                                                                                                                          

The  Investments  Company  for  The  World  BNY Mellon is an investments company. We provide investment management and investment services that help you invest, conduct business and transact in markets all over the world.

We provide services for every phase of the investment lifecycle. Whether you’re looking to create, trade, hold, manage, distribute or restructure investments, we can help.

In a profoundly challenging world for investments, BNY Mellon transforms insight into action and can help investors find their way.

Powering  the  Investment  Lifecycle  

Turning  Insights  into  AcEon  

BNY Mellon: By the Numbers At September 30, 2014 $28.6 trillion Assets under custody and/or administration $1.7 trillion Assets under management1

$2.2 trillion Average tri-party repo balances2

$193 billion Private client assets

“SoHware  is  eaEng  the  world.”            -­‐  Marc  Andreeson  

DigiEzaEon:  A  DefiniEon  We  Like  

New  entrants  

Digital  giants  

Incumbents  

CompeEEve  Landscape  

Online  purchasing  

Increasing  online  popula?on  

Customer  Behavior  

Advanced  interfaces  

Ubiquitous  connectivity  

Big  Data  analytics  

Next  gen  computing  

Technologies  

Operational  value  

Business  model  innova?on  

Strategic  &  OperaEonal  Value    

Organization  

Process  

Technology  

ConfiguraEon  

SOURCE:  McKinsey  &  Company  

Digital  Enterprise  A  company  configured  to  deliver  maximum  strategic  and  operaEonal  value  from  established  and  emergent  

technologies  and  associated  shiRs  in  customer  

behavior  and  compeEEve  landscape    

Various  Technologies  Are  Converging  To  Accelerate  DigiEzaEon  COMMODITY  HARDWARE  

OPEN  SOURCE   ECO  SYSTEM  

SHARE  

•  Approach  as  a  joint  CTS  /  business  change  program  with  a  strong  sponsorship  

•  Invest  in  “the  best  training  and  mentorship  you  can  find”  

•  Change  the  culture  by  addressing  the  breath  of  change  required  at  all  levels  of  the  organiza?on  •  Use  agile  as  a  method  to  promote  empowered,  self  organizing  teams  focused  on  services    

•  Start  small  and  grow  

•  Work  closely  with  vendors  to  support  Lean-­‐Agile  

•  Agile  is  not  one  thing.    Connect  the  strategic  dots.  

•  Change  governance/  control  processes  to  support  agile  

•  Adopt  a  bimodal  approach  (not  everything  is  suitable  for  agile)  

•  Architecture  needs  to  be  a  first  class  ci?zen  

•  Agile  is  about  teams  of  teams.  

•  Use  end-­‐to-­‐end    capabili?es/  services  as  the  organizing  paradigm  

•  Promote  reusable  components.  

PEOPLE  

PROCESS  TECHNOLOGY  

Change  Management  

Nexus  

DigiEzing  BNY  Mellon  Requires  Technology,  People  &  Process  

Investment    Management  

Sales  /    Client  

Management  

Marke?ng  

Manufacturing  

Opera?ons  /    Logis?cs  

Purchasing    Procurement  

Con?nual    Improvement  

Talent    Management  

Government  /  Regulatory  

7  

Technology  Providers  

Market    Infrastructure  

Data  Providers  

Custodians  

Clients  

5  

6  

4  

1  

3  

1  2  

NEXEN  Digital  Ecosystem  

Powered  by  BXP  

Providing  a  founda?on  for  clients  and  the  industry  to  build  upon  NEXEN  Digital  Ecosystem  

OperaEonal  Backbone  

1. BNY Mellon eXtreme Platform 2. Data Cloud 3. Digital Pulse 4. API Inventory 5. Workflow

Digital  InteracEons  

InnovaEve  SoluEons  

6. Gateway/API Store

7. App store

Why  APIs?  

•  Micro  Services  •  Digital  Transforma?on  •  Developer  Velocity  •  Pla_orm!!  

API  Governance  

•  Consistency,  Simplicity,  Conformity  of  REST  API  •  Ra?onalized  APIs  to  serve  cri?cal  business  use  cases  op?mally  •  Documenta?on:  Descrip?ve  content  to  help  developers  find  ,  understand,  consume  •  Data  consistency  and  governance  compliance  •  Service  team  has  a  defined  service  support  model  and  documented  support  access  methods  •  Documented  mone?za?on  scheme  and  billing  implementa?on  •  Globaliza?on  

Thank  You