Michael Fay

Experience

• 

  Thortech Solutions

  Jan 2003 - Jan 2007

  Software Consultant
• 

  FIS

  Feb 2007 - Feb 2010

  Application Programmer Consultant
• 

  Markit

  Jan 2010 - Jun 2012

  Vice President

  Served as a lead developer on syndicated loan trade settlement system enabling users to streamline loan trade settlement. Trade settlement time was decreased by auto-generating trade documents, providing 1 platform for parties to review and execute documents, and providing real time status of settlement progress

• 

  BNY

  Jun 2012 - Jun 2023

  Delivered new data delivery architecture alongside an existing one in under one year. This doubled processing capacity and allowed for integration of data quality controls. Overcame challenges of managing cloud resources during transition.•Transformed the delivery of a new Middle Office data delivery architecture that enabled the business to solve long-standing problems of performance, quality and scale, which lowered support cost and increased revenue through onboarding one new client in 2022 and 6 more slated for 2023.•Introduced a new cross-departmental Agile process that brought Product, Operations, and Engineering teams into tighter collaboration on more focused subject areas, which resulted in an increased team velocity and lowered overall defect rate.•Collaborated with Engineering and Infrastructure teams to overcome major capacity issues in the private cloud platform to support the rollout of a new architecture for new clients in parallel with the current architecture for older clients, which led to successfully navigating a costly transition without interruption of service, while at the same time managing to keep resources under control.•Introduced an Agile process heavily leveraging Jira, stabilizing the SDLC process and enabling predictable forecasting and prioritization of deliverables 2 quarters forward. •Augmented development team by growing it from 10 to 20 developers, onshore and offshore combined, almost doubling the velocity of the team and providing nearly 24-hour development coverage.•Increased engagement of Product, Operations, and Production Support teams in the end-to-end SDLC, leading to substantial improvements in quality of deliverables Show less Migrated largest client from home-grown legacy back office system to modernized bank system, eliminating need to operate and support 2 systems, saving $5M/yr.•Remediated over 100 system vulnerabilities and reduced system risk by migrating to new servers, including Oracle Exadata, redundant PROD sites and lower regions. Completed the project on schedule by coordinating with multiple teams and leadership including infrastructure, operations, QA and development teams.•Streamlined QA processes by creating a tool that automated all phases of testing. Organized QA team in effort to write Cucumber test scripts, reducing time to prep and run tests Show less

  • VP, Group Manager, Asset Servicing, Middle Office

    Oct 2021 - Jun 2023

  • VP, Technical Lead, Asset Servicing, Bridgewater Transformation

    Jan 2016 - Oct 2021

  • VP Senior Developer, Asset Servicing, Bridgewater Transformation

    Jun 2012 - Feb 2016