Experienced professional from BNY Mellon's Treasury Services group has been active with TMANE for more than 15 years, elected president following service as treasurer and vice president
New York, July 23, 2012 — BNY Mellon, the global leader in investment management and investment services, today announced that Lynne Marlor has been elected president of The Treasury Management Association of New England (TMANE). A relationship officer in BNY Mellon's Treasury Services group, Marlor previously has served as treasurer and vice president of TMANE.
Active in the financial services industry in the New England region for more than 20 years, Marlor joined BNY Mellon eight years ago following service with JPMorgan Chase predecessor companies First Chicago and Bank One. Specializing in treasury services solutions for financial services companies, including mutual funds, hedge funds, insurance companies and alternative investment clients, she holds an undergraduate degree from Boston University and an MBA from Suffolk University in Boston.
"Throughout my career, I've understood the value of connecting with fellow professionals and staying current on best practices and thought leadership in the industry," Marlor said. "The benefits of TMANE participation are even more important during these tumultuous times, when members need access more than ever to personally relevant, useful information via a cost-effective, efficient delivery channel. We're committed as a leadership team to delivering on that value proposition for our members."
TMANE came into being in the late 1970's, when a group of individuals organized an association of cash management practitioners to be headquartered in the Boston area. The Cash Management Association of New England, CMANE, was formally incorporated in 1981. In 1994, the Cash Management Association of New England became the Treasury Management Association to reflect the broadened responsibilities which cash managers had assumed. With more than 300 members, TMANE is now the largest regional treasury management association in the country.
With locations on six continents and a network of more than 2,000 correspondent financial institutions, BNY Mellon's Treasury Services group delivers high-quality performance in global payments, trade services, cash management, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 countries. Processing more than $1.4 trillion in payments transactions on a daily basis, the company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of white-label treasury services solutions for banks and other large institutional clients.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $27.1 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.5 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.