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Press release from PR Newswire

BNY Mellon Names Debra Baker to Head New Global Risk Solutions Group

Monday, February 25, 2013

BNY Mellon Names Debra Baker to Head New Global Risk Solutions Group08:05 EST Monday, February 25, 2013'Performance & Risk Analytics' unit repositioned to meet financial industry's need for enhanced risk management, transparency and regulatory reportingNEW YORK, Feb. 25, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has announced that Debra Baker will lead the company's newly renamed Global Risk Solutions group, which brings together the functions of its current Performance & Risk Analytics business.Global Risk Solutions provides a wide array of investment analysis products and services, integrated with BNY Mellon's core custody and accounting platforms. Clients such as pension funds, foundations and endowments, and other large financial institutions turn to the group for risk analysis, performance measurement, compliance monitoring, and peer group comparisons and attribution tools for their investment strategies.Baker re-joins Asset Servicing after leading the U.S. financial institutions client segment within BNY Mellon's Corporate Trust business, for which she had earlier overseen the collateralized debt obligations unit and served as chief administrative officer. Prior to that, Baker held positions in Asset Servicing focused on investment risk services, heading its global product management and global risk services groups."With a rise in alternative investment strategies, industry shocks, and new regulatory requirements, it's crucial for decision-makers to be able to quickly analyze and assess their total investment risk," said Vince Sands, executive vice president and deputy CEO of BNY Mellon's Asset Servicing business. "Our new Global Risk Solutions group under Debra's leadership is built specifically to do just that. "Markets and investors alike are demanding more transparency, and today's announcement is just one of many strategic steps we're taking to help clients address these challenges," Sands added.Global Risk Solutions is one of the world's largest providers of sophisticated investment analysis tools, with $9.6 trillion in assets under measurement, 500 professionals at over a dozen global locations, and more than 1,300 clients.BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through BNY Mellon and other related companies.BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of December 31, 2012, BNY Mellon had $26.7 trillion in assets under custody and administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more at www.bnymellon.com, or follow us on Twitter @BNYMellon.SOURCE BNY MellonFor further information: Joseph F. Ailinger Jr., +1-617-722-7571, joe.ailinger@bnymellon.com