Puneet Mehta

Experience

• 

  Compunnel Software Group

  Jan 1993 - Jan 1998

  Senior Consultant
• 

  Merrill Lynch

  Jan 1998 - Jan 2000

  Senior Consultant
• 

  Deutsche Bank

  Jan 2001 - Jan 2006

  AVP
• 

  UBS

  Oct 2006 - Jun 2013

  Associate Director, Application Development Manager

  Associate Director. Equity Prime Services. Stock Borrow Lending Group. • IT Lead for Loanet 5284 migration to Global1. Cost savings of $2-3 million annually. Led a global team of 30 developers. Delivered in 2013• Migration of Loanet 0642 entity to Global1 for UBS Securities LLC. Cost Savings of over $3 million annually. Delivered in 2011.• Real Time Position Management. Provides firm wide real time view of US securities positions by incorporating real time settlement feed from DTC, allowing generation of firm needs / excess. US Position Ladder, security settlement ladder displaying current and projected position levels for 5 days. Substantially reduced over borrowing costs and CNSFails.• UBS Rehypothecation Engine. Recommends client positions available for rehypothecation. Currently rehypothecating $27 billion of client assets. • Global Securities Lockup Management. Allows positions / accounts to be “locked up” making them ineligible for rehypothecation / collateral management. Technologies used: Java, Spring, JMS (MQ / Tibco EMS), Sybase and Oracle. Show less

• 

  BNY Mellon

  Jun 2013 - Sept 2022

  Application Development Manager / Solutions Architect
• 

  The Depository Trust & Clearing Corporation (DTCC)

  Sept 2022 - now

  Director, Domain Architect (Asset Services)

  Application Domain Architect for Asset Services (Corporate Actions, Underwriting and Securities Processing). Application modernization / Mainframe migration. Vendor application assessment.