LONDON, Aug. 6, 2014 /PRNewswire/ -- 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.
Notes to editors:
With locations on six continents and an extensive global network of correspondent financial institutions, BNY Mellon's Treasury Services group delivers high-quality performance in global payments, trade services and cash management. It helps clients optimise cash flow, manage liquidity and make payments more efficiently around the world in more than 100 countries. Processing payment transactions in over 120 currencies, the company is a top-five participant in both the CHIPS and overall funds transfer markets. Earlier this year, BNY Mellon launched its new global payments infrastructure which over time will process any payment on a single platform, anywhere – irrespective of its value, currency or clearing mechanism. The company is also a recognised leader in the delivery of private-label treasury services solutions for banks and other large institutional clients.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2014, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.
This press release is issued by The Bank of New York Mellon to members of the financial press and media. All information and figures source BNY Mellon unless otherwise stated as at June 30, 2014. The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818. Branch office: One Canada Square, London E14 5AL. The Bank of New York Mellon is supervised and regulated by the New York State Department of Financial Services and the Federal Reserve and authorised by the Prudential Regulation Authority. The Bank of New York Mellon London branch is subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.
SOURCE BNY Mellon