Six of one, half a dozen for BNY Mellon

BNY Mellon reports the opening of its newest Innovation Centre, located on its Pittsburgh campus. This is the company’s sixth global innovation center; it will focus on aligning technology with business needs, as well as tapping into the region’s universities and growing innovation culture.

Said Suresh Kumar, senior executive vice president and CIO: “Since opening our first centre at the end of 2014, we’ve strategically added centers in locations that are hot beds of innovation – Silicon Valley, Jersey City, London, Pune and Chennai. Each has a unique focus based on its regions’ strengths, and, collectively, they are helping to drive the digital transformation of our company. They are connecting us to top talent, promising fintechs, and of course, optimizing our own employees’ opportunities for collaboration and creativity in meeting client needs across the investments lifecycle.”

The open-concept Pittsburgh Innovation Center is the first location within the company to use free-addressing in which there are no assigned desks, offering maximum flexibility for the workforce of the future. Teams are instead assigned to a particular area, known as neighborhoods, where every aspect of the design fosters collaboration, problem-solving and interaction. With global clients and a global workforce, there are also more work stations than local employees to account for the influx of travelers from other offices and teams who will work in the center for special projects.