Michael Herskovitz

Managing Director, Asset Management/Financial Management Technology , Prudential

Michael Herskovitz is a Managing Director at Prudential and manages the core technology supporting Financial Management, Corporate Functions and PGIM Shared Services.

Michael joined Prudential in 2020 and previously worked for AllianceBernstein (AB) as the Partner & Senior Vice President overseeing operations and technology infrastructure related to fixed-income, derivatives and alternatives investment functions. He joined AB in 2006 from UBS, where he was the managing director for Risk and Finance Technology. Herskovitz has held senior technology management and quantitative research positions with Morgan Stanley, including the London-based role of international CIO, at Merrill Lynch and Zurich Scudder Investments. He started his financial-services career working on Merrill Lynch’s corporate bond trading desk as a hedging/arbitrage analyst before becoming a mortgage-backed securities research analyst. Since 1985, Herskovitz has gained extensive analytical and technical experience in financial services, including fixed income, commodities, derivative products and risk management.

He has coauthored two books and many research papers on mortgage-backed securities pricing and analytics. Herskovitz served on the Board of Directors for the Depository Trust & Clearing Corporation and has served in several leadership roles for SIFMA’s Asset Management Operations Executive Committee.

He holds a BS in operations research and an MS in industrial administration from Carnegie Mellon University.