Ny Mellon Merger

Essay specific features

 

Issue:

Business

 

Written by:

Nancy B

 

Date added:

March 13, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 313

 

Was viewed:

8417 times

 

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Essay content:

This can also mean that client service takes a back seat to managing the transition. A major structural challenge with the combination of the companies is due to technology integration. Both companies operate from different systems platforms and well-thought out migration plans from current systems to new systems will take a few years...
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When Bruce Van Saun the CFO of the newly formed bank was asked, “how long will it take to integrate the two companies”? He stated, “We have a two-and-a-half year time frame to phase in the synergies, post closing. The biggest challenges will be around some of the technology integration between the two companies”...
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