BNY Mellon maintained its Best White Label System Provider ranking in Global Finance magazine's 2015 Best Treasury and Cash Management survey. This year marks the 8th consecutive Best Provider ranking for BNY Mellon's Treasury Services business in Global Finance's annual survey.
Winners in survey categories are selected by Global Finance with input from industry analysts, corporate executives and technology experts using a variety of subjective and objective criteria. Factors considered include profitability, market share and reach, customer service, competitive pricing, product innovation and service delivery differentiation.
"In announcing this year's Treasury & Cash Management awards, Global Finance noted that banks continue to be pushed to work harder to meet the needs and wants of their corporate clients," said Gregory Malosh, managing director and head of Information and Liquidity products, including BNY Mellon's Private Label services. "Our private label services provide effective outsourcing solutions to that challenge, allowing clients to focus on customer needs and wants while taking advantage of our treasury services capabilities to deliver world class treasury and cash management services."
Leveraging the product, client support and technology strengths of BNY Mellon's Treasury Services business, BNY Mellon's private label offerings enable clients to provide a sophisticated array of treasury and cash management solutions while minimizing the costs and operational complexities associated with product development, platform upgrades and system enhancements. Solutions encompass an extensive array of cash and liquidity management and multicurrency payment solutions, and are provided in a variety of forms, ranging from private label processing to full operations outsourcing.