BNY Mellon secures top ranking for fifth consecutive year
BNY Mellon, a global leader in investment management and investment services, has won a top ranking in EMEA Finance's annual Treasury Services Awards.
EMEA Finance's Treasury Services Awards recognise the best treasury, cash management, trade finance and FX services providers across the EMEA region. BNY Mellon won the award for Best Transactional Bank for Financial Institutions in Europe, the Middle East and Africa (EMEA) for the fifth year in a row. The awards are based on various performance and structural factors, such as market share and growth, innovation and corporate strategy. The winners will be published in EMEA Finance's August-September 2014 edition.
Dominic Broom, head of EMEA sales and relationship management, Treasury Services at BNY Mellon, said: "This award recognises our ability to combine client service, market segment knowledge, and product and infrastructure strength to deliver innovative solutions to our clients. A good example of this is the launch of our global payments infrastructure earlier this year. Over time, this infrastructure will help clients process any payment on a single platform, anywhere – irrespective of its value, currency or clearing mechanism."
"BNY Mellon maintains its tight grip on our Best Transactional Bank for Financial Institutions in EMEA award. The bank continues not only to prove an important and reliable partner to a substantial number of leading EMEA financial institutions, but also acts as a thought leader in transactional banking," says Christopher Moore, publisher and CEO of EMEA Finance.
"BNY Mellon is an important policy influencer and leading innovator in transactional banking, which is one of the most dynamic areas of banking. Its financial institutions clients certainly benefit from these activities and investments in an increasingly demanding commercial and regulatory environment," adds Tim Burke, editor of EMEA Finance.
Earlier this year BNY Mellon received two other awards, a gold for best bank trade services provider and a bronze for most innovative trade bank, at the 2014 Trade & Forfaiting Review (TFR) Excellence Awards.