November 23, 2015

BNY Mellon wins transaction bank award from EMEA Finance

Dominic Broom

Dominic Broom, head of Treasury Services EMEA at BNY Mellon

BNY Mellon has been crowned 'Best Transaction Bank for Financial Institutions in EMEA' for the sixth year running in EMEA Finance’s annual Treasury Services Awards.

“Our success in this category is testament to our dedication to understanding the market and our commitment to ensuring our clients are positioned with the tools required to help them thrive in this challenging payments space,” says Dominic Broom, head of Treasury Services EMEA at BNY Mellon.

“For instance, as globalization becomes the norm, the need to facilitate international transactions is paramount, and BNY Mellon has significantly enhanced its payment capabilities by investing in a global payments infrastructure. This infrastructure has the flexibility to adapt to future requirements, and enhancements to the infrastructure will be ongoing through further roll-outs, as needs and market conditions evolve.”

Financial institutions are operating in a landscape in which they must adapt to fast-evolving client and industry requirements, whilst navigating an increasingly competitive payments space as non-bank providers enter the market. It is therefore more important than ever that they are equipped with the tools they need to succeed.

Dedication to offering cutting-edge solutions goes beyond technological innovation. BNY Mellon is committed to helping clients expand their global footprint, and through a recent trade processing partnership with Helaba and the G25 German Sparkassen, BNY Mellon is helping to facilitate trade between the German Mittelstand and APAC region.

“We are a preferred partner for financial institutions in EMEA because of our global expertise, innovative solutions and the fact that we do not compete with partner banks for corporate business,” adds Broom. “It is both a high compliment and profound responsibility, and one we take very seriously as we seek to further develop our offering in line with the evolving banking and payments space.”