Financial Market Infrastructure
The Financial Market Infrastructure function is responsible for supervising certain financial market intermediaries and utilities, including certain financial market utilities that have been designated as systemically important by the Financial Stability Oversight Counsel. This function is concerned primarily with operations the systems that make financial markets work on a day-to-day basis, which can be housed within a financial institution, like a bank, or it can exist as a standalone institution dedicated to providing an operational service, like a clearinghouse or settlements system.

Jeanmarie Davis
Jeanmarie Davis is a senior vice president and head of the Financial Market Infrastructure (FMI) function in the Financial Institution Supervision Group at the Federal Reserve Bank of New York. The FMI team is focused on promoting financial stability associated with financial market utilities as well as payment, settlement and clearing activities conducted by systemically important financial institutions (SIFIs). Previously, Ms. Davis had oversight responsibility for several portfolios in a relationship management function.

Ms. Davis joined the New York Fed as an application analyst in June 1985. In March 1993, she was named an officer of the Bank and assigned to operational risk department in the risk management function. In January 2003, Ms. Davis was promoted to assistant vice president and was promoted to vice president in January 2005. In September 2005 she was given responsibility for large complex banking organizations.

Ms. Davis holds a bachelor’s degree from Colgate University and a master’s degree from Baruch College.

The Federal Reserve Bank of New York works within the Federal Reserve System to implement monetary policy, supervise and regulate financial institutions and help maintain the safety, soundness and vitality of our economic and financial systems. As part of the New York Fed's core mission, we supervise and regulate financial institutions in the Second District with the goal of fostering a safe and competitive U.S. and global banking system.