In case you missed it, here is a video featuring Donald Monks, Vice Chairman and Head of Integration at BNY Mellon, that focuses on the complexities - and costs - of mergers in financial services. M&A is hardly a new topic for financial services firms. However, much of a merger's success depends on how quickly and efficiently the new bank can combine two organizations into one. Often, firms struggle to streamline information technology, resulting is duplicate systems, extra personnel and higher costs.

Monks, who headed the integration of The Bank of New York and Mellon Financial, shares his views on BNY Mellon's successful integration. I caught up with Monks in Hong Kong this past September while at the Sibos 2009 financial services conference and he discusses where the largest cost savings can be found (infrastructure), how to control access to applications (identity management), how banks can satisfy the cost savings demands driven by shareholders, and more.

Here is a video featuring Donald Monks, Vice Chairman of BNY Mellon, that focuses on the complexities - and costs - of mergers in financial services.