EACCNY Pulse: Transatlantic Business Insights

3. Future of Finance: The Future of Collateral with Brian Ruane, CEO of BNY Mellon’s Collateral Management

June 09, 2021 EACCNY Season 2 Episode 3
EACCNY Pulse: Transatlantic Business Insights
3. Future of Finance: The Future of Collateral with Brian Ruane, CEO of BNY Mellon’s Collateral Management
Show Notes

In this episode of “A look into the Crystal Ball on the Future of Finance,” listen to Brian Ruane, CEO of BNY MELLON's Government Securities Services Corp. and Clearance & Collateral Management; as he speaks with Yvonne Bendinger-Rothschild, Executive Director of the EACCNY.  Brian will walk us through BNY Mellon’s $4 trillion Clearance & Collateral Management business and how the collateral market is transforming the financial space since the start of the pandemic, and on both sides of the Atlantic.

Brian Ruane is the Chief Executive Officer of BNY MELLON Government Securities Services Corp., Clearance & Collateral Management and Credit Services.  He is also a member of BNY Mellon’s Executive Committee. Brian leads BNY Mellon’s government securities clearance business as well as the firm’s collateral management franchise.

Prior to his current role, Brian led Global Client Management, Alternative Investment Services and Prime Services.  Brian has been a member of the Pershing LLC’s Executive Committee since 2015. Brian was a key voice on the Federal Reserve Bank of New York’s Triparty Repo Infrastructure Reform Task Force, which drove systemic changes to ensure that the triparty repo market functions effectively and efficiently. He also served on the Federal Reserve Bank of New York’s Working Committee on The Future of the US Government Securities Markets.

Brian is a frequent speaker on market structure and triparty repo. His recent papers include The Future of Wholesale Funding Markets and The Pandemic Stress Test.

Brian is also the executive sponsor for the GENEDGE Network, a BNY Mellon Business Resource group focused on diversity. Brian is a member of the Dean’s Advisory Board of Hofstra University’s Zarb School of Business. Brian is also a member of the Chartered Association of Certified Accountants and is FINRA Series 7, 24, 63 and 66 licensed.

Yvonne Bendinger-Rothschild, Executive Director of the EACCNY since October 2010. Prior to joining, she has worked and consulted for a number of non-profits and for-profits where she significantly contributed to their growth by raising their public profiles, geographic foot print and relevance within their respective industries. In her roles, she has worked with clients and partners across the US, in Europe, Latin America and Asia.

Her priority is to create value for its membership and help grow the organization and its influence on both sides of the Atlantic. To that extend she is spearheading EACC’s international expansion strategy and is working with partners across the U.S. and Europe to identify & develop suitable locations and collaborators to expand the EACC chapter network.

Thanks for listening! Please be sure to check us out at www.eaccny.com or email membership@eaccny.com to learn more!