BNY Mellon has named Patrick Tadie to the newly created role of global business head for the firm’s Derivatives360 initiative.
Derivatives360 is an integrated investment servicing solution that helps clients efficiently execute and manage derivatives transactions, the firm announced today.
In his new role, Tadie, who is currently an executive vice president at the firm, will be responsible for the coordination and development of derivatives services across multiple business lines.
He joined the firm in 2003 and most recently led the global structured credit group within BNY Mellon Corporate Trust.
With more than 24 years of industry experience, he was also a portfolio manager for Freddie Mac, director of finance for First Union Capital Markets, and business manager of securitizations for Prudential Home Mortgage.
He is a certified public accountant and a past board member of the American Securitization Forum.
"We have a unique opportunity to integrate the derivatives services we offer to better serve the emerging needs of issuers and investors alike," said Art Certosimo, senior executive vice president and head of alternative and broker-dealer services at BNY Mellon. "Patrick's experience in overseeing and managing our corporate trust services across a myriad of structured products and services will serve our clients and organization well as we deliver a coordinated and wide-ranging derivatives-related product set globally."