BNY is a 240-year-old financial services platform operating at massive scale—$59.3 trillion in assets under custody and $2.2 trillion under management. The tech stack reveals a legacy enterprise foundation (Java, Spring, Oracle, XML) being deliberately modernized: adopting Snowflake, GCP, Azure, and PySpark while retiring Informatica Cloud. Active hiring across engineering, data, and ops (roughly 237, 75, and 230 roles respectively) paired with ongoing projects in data mesh, AI-driven workflows, and wealth service platforms signals a multi-year infrastructure and automation refresh to keep pace with capital markets complexity.
Tech Stack 200 technologies
What BNY Is Building
◆Challenges
- Risk mitigation
- Ensuring compliance with regulations
- Client satisfaction
- Compliance with regulatory requirements
- Service improvement plans
- Process improvements in accounting
- Reducing risk
- Control gaps
- Compliance with new standards
- Process inefficiencies
▲Active Projects
- Data mesh implementation
- Digital adoption initiatives
- Automation initiatives
- Implementation of ai based quantitative workflow solutions
- Process improvements within accounting function
- Data governance
- Continuous monitoring
- Product development for higher value transaction processing
- Risk management improvement program
- Wealth service platform
Hiring Activity
Department
Seniority
Notable leadership hires: Product Design Lead, Sanctions Operations Head, Demand Generation Lead, Quality Assurance Team Lead, Business Risk Workshop Lead
