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2016-06-07T00:00:00.000Z

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Wrong Francis La Salla?

Mr. Francis Frank La Salla

Chief Executive Officer

Alternative Investment Services

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Alternative Investment Services

Background Information

Employment History

President and Chief Operating Officer

BNY ConvergEx Group , LLC

Managing Director and Chief Operating Officer

Societe Generale SA

President-BNY Clearing Services LLC

The Bank of New York Company , Inc.

President

BNYC

Affiliations

Board Member
Euroclear SA/NV

Member of Operating Committee
BNY Mellon Asset Management Limited

Member
Security Industries Inc

Managing Director
Pershing LLC

Education

Bachelor of Science degree

Economics

The City University of New York

Bachelor of Science degree

Economics

The City University of New York at Staten Island

Master of Business Administration degree

Finance

Wagner College

Web References (188 Total References)


"Alternatives continue to gain share in ...

www.fundservices.net [cached]

"Alternatives continue to gain share in portfolios, but institutional investors are becoming more selective about where and how they deploy their capital," said Frank La Salla, Chief Executive Officer of Alternative Investment Services and Structured Products at BNY Mellon.

...
"Alternatives continue to gain share in portfolios, but institutional investors are becoming more selective about where and how they deploy their capital," said Frank La Salla, Chief Executive Officer of Alternative Investment Services and Structured Products at BNY Mellon.


Press Releases | Pershing

www.pershing.com.au [cached]

Pershing's Frank J. LaSalla Named to Euroclear Board of Directors


Pershing Limited: share the burden – Frank La Salla - Future Banking

www.banking-gateway.com [cached]

Pershing Limited: share the burden – Frank La Salla | Pershing Limited: share the burden – Frank La Salla,

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Pershing Limited: share the burden – Frank La Salla | Pershing Limited: share the burden – Frank La Salla,
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Pershing Limited: share the burden - Frank La Salla
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"The message that we give to financial services firms is that if you want to survive over the next three to five years, you will need to change your business model," says Frank La Salla, chairman of Pershing Limited.
As businesses respond to declining margins, increased regulation and left-over debt, many are looking to transform themselves operationally, starting with their cost structures and expenses.
"If you're a CEO or anyone in a C-suite right now, you can't just sit there and wait for this storm to pass," La Salla says. "At Pershing, we're actively engaging with people at the top level to talk to them about how they can continue to reduce expenses."
An open mind on outsourcing
For La Salla, this willingness to talk is one of the most eye-opening aspects of the current recession.
...
For La Salla, it is no longer enough to go from fixed to variable cost. What is important is producing the relevant front and back-end solutions that will help firms make the right decision.
"As the tools and methodologies get more sophisticated, being able to let go is a little easier for today's firms," he says. "People are embracing it.
...
"The numbers validate our thinking about the model in an indirect way," La Salla says.
...
"It's about sharing numbers with our clients and them telling us what their fixed costs are to run the business," La Salla says.
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"We have more than 120 clients in the UK," says La Salla.
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"It's not just that we can satisfy regulatory requirements today," La Salla says.
...
"From the beginning, we designed our solution to provide choice to all of our clients," explains La Salla.
...
"Being held in such high regard creates greater expectations and even higher standards," La Salla says.
...
Frank La Salla is chairman of Pershing Limited.


Pershing Limited: share the ...

www.banking-gateway.com [cached]

Pershing Limited: share the burden - Frank La Salla

Financial services firms need to change their business model if they want to...
Frank La Salla is chairman of Pershing Limited.


BNY Mellon has appointed ...

www.fsresearch.co.uk [cached]

BNY Mellon has appointed Frank La Salla as Chief Executive Officer of its Alternative Investment Services (AIS) business.

La Salla will report to Samir Pandiri, BNY Mellon Executive Vice President and CEO of Asset Servicing.
...
La Salla assumes a role Pandiri has held the past two years. He will be based in New York and oversee a team of more than 2,000 AIS professionals worldwide.
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"Frank's experience building global businesses will be pivotal as we continue to expand AIS's offerings around the world."
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Alongside his new role, La Salla will remain on the board of Pershing Limited in the UK and continue to represent BNY Mellon on the Board of Directors of Euroclear PLC and Euroclear SA.
Before BNY Mellon's acquisition of Pershing in 2003, La Salla was President and Chief Operating Officer of BNY Clearing Services LLC. Prior to that, he served as Managing Director and Chief Operating Officer at Société Générale Securities Corp. in the U.S.

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