BNY Mellon has retained its crown as best transactional bank for financial institutions in EMEA Finance’s annual Treasury Services Awards.
“We are extremely proud to have won this award for seven consecutive years which is testament to our continued commitment to exceed the expectations of our clients,” said Dominic Broom, Head of Treasury Services EMEA at BNY Mellon. “BNY Mellon plays a central role in the payments industry, which brings numerous benefits to our clients. We have just celebrated our second anniversary as a direct participant of The Clearing House Automated Payment System (CHAPS). Our seat on the board of CHAPS enables us to not only keep our clients informed of change but also influence the strategic direction of the UK payment system."
Christopher Moore, publisher and CEO of EMEA Finance presented the award to Dominic Broom and Matt Wells, BNY Mellon’s Head of Global Cash Operations, at this year’s Sibos conference in Geneva. Moore added: “We were particularly impressed with how BNY Mellon has developed its global payments infrastructure which is designed to process any payments anywhere, on a single platform, irrespective of value, currency or clearing mechanism. This is exactly what a bank in a position of leadership must do – think big.”
BNY Mellon recently announced significant upgrades to its global payments ecosystem. You can read more about this here: Notable Advances This Fall in the Continuing Evolution of BNY Mellon's Payments Ecosystem