Service bureau honored with World’s Best Treasury & Cash Management Award for third consecutive year
DH Corporation ("D+H") (TSX: DH), a leading provider of technology solutions to financial institutions globally, today announced that its Global Transaction Banking Solutions business (formerly Fundtech) has been named “Best SWIFT Utility Access” by Global Finance for the third consecutive year, as part of the publication’s 2015 World’s Best Treasury & Cash Management Awards.
D+H is the world’s largest SWIFT service bureau operator, delivering service bureau solutions across three continents. D+H provides financial institutions and corporations with a series of interbank connections and transaction-related applications which are designed to reduce risk and increase efficiencies when sending and receiving financial messages.
D+H’s Switzerland-based bureau received SWIFT’s highest certification level, the Premier Operational Practice certification, which is only given to those who meet the rigorous terms and condition of SWIFT’s new Shared Infrastructure Program.
“Financial institutions and corporations today are faced with increasingly complex regulatory requirements, but still need efficient ways to exchange payments and security information while minimizing risk,” said Per Trifunovic, a financial messaging executive at D+H. “This award is evidence of D+H’s commitment to providing those relevant solutions and of our commitment to operating at the highest levels of security and reliability. We are proud to receive this award, especially for the third time.”
The winners were selected by Global Finance’s editorial team with input from industry analysts, corporate executives and technology experts. Selection criteria included market share and reach, customer service, product innovation and competitive differentiators.
“Corporate treasurers have ever-greater options when it comes to treasury and cash management services and solutions,” said Joseph D. Giarraputo, publisher and president of Global Finance. “Those banks and providers highlighted in our awards are investing heavily to break down internal product silos and provide client-oriented solutions.”
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