Author Description
Neil Wright is a senior vice president at State Street Corporation and is head of the Derivative Product and Strategy Group within State Street Global Services, the company’s investment servicing business.
A bank operations executive with 25 years of experience in capital markets operations and audit and control, Mr. Wright began his career at Chase Manhattan Bank as an internal auditor. He managed Chase’s Internal Control Group for all operations in Europe, and then became the global head of Derivative Operations. In this role he consolidated all operations into one processing center of excellence and managed the consolidations of the Derivative Processing groups during two major mergers: Chase/Chemical and Chase/JP Morgan. After JPMorgan Chase, he joined Citigroup and was the global head of Commodity Operations while also running the Derivative Collateral Management Group.
Mr. Wright has been active in all industry groups relating to derivative operations, including serving as chairman of ISDA’s North American Operations Committee, board member of FpML.org and founding member of the SWIFT Derivative User Committee. He currently co-chairs the AMF Derivatives Operations Committee and serves on its Steering Committee.
Mr. Wright holds a Bachelor of Science degree in finance from Fairfield University.
Q&A: The New Collateral Management Workflow for the Buy Side
Buy-side firms will clear eligible derivatives via FCMs instead of directly through the clearinghouses, which requires its…