Debra Baker to head new BNY Mellon global risk unit

Source: BNY Mellon

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.

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