BNY Mellon Opens Silicon Valley Office, Brings on Former eBay Exec

BNY Mellon has opened a new office in California’s Silicon Valley, making it the fourth of the company’s global innovation centers, which also include similar ones in Jersey City, New Jersey; and Pune and Chennai in India.

The new facility, located in Palo Alto, is part of the company’s plans to use emerging and disruptive technologies. The center will focus on areas such as mobile development, cloud computing, application development, information security, decision science/analytics and collaboration technology.

The office will be led by Michael Gardner, who most recently led research and development, support, security and cloud operations, at Apigee. Before that, he held executive-level engineering positions at companies such as LiveOps and eBay.

“BNY Mellon is committed to becoming the financial industry’s technology leader,” says Suresh Kumar, senior executive vice president and chief information officer. “There is no better place in the world to do this than in Silicon Valley, one of the greatest centers of technology and innovation. By tapping into the area’s top tech talent and giving them a space specially-designed for innovation, BNY Mellon will be primed to embrace emerging technology that enables us to better run our businesses and serve our clients.”

“BNY Mellon already is known for being a foremost provider of technology solutions and infrastructure for the world’s capital markets,” says Gardner. “Through our connection to this community of open collaboration, we can further our promise of technological excellence by bringing new technologies with practical and proven business uses to market more quickly.”