Michelle Palombo | Managing Director of Electronic Banking, BNY Mellon Treasury Services
Michelle Palombo, Electronic Banking Managing Director for BNY Mellon Treasury Services, discusses our new Payment Analytics Service currently being designed to help you understand – and effectively manage – your day-to-day straight-through processing (STP). To help meet the demands of vendors and clients for immediate – and accurate – payments, the service aims to provide wire payment trend information to help you quickly see the status of those payments, anticipate the availability of funds and effectively manage your current cash position.
An enhancement to our USD Wire service and accessed via TreasuryEdgeSM – our electronic banking portal – the BNY Mellon Payment Analytics service is designed to provide graphical detail related to STP rates, inquiry reporting and historical trend data for an in-depth view of how wire payments are moving through your payments system, and where there may be delays.
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the Corporation as a whole or its various subsidiaries generally and may include The Bank of New York Mellon, One Wall Street, New York, New York 10286, a banking corporation organized and existing pursuant to the laws of the State of New York and operating in England through its branch at One Canada Square, London E14 5AL, England, registered in England and Wales with numbers FC005522 and BR000818. The Bank of New York Mellon is supervised and regulated in the United States by the New York State Department of Financial Services and the United States Federal Reserve and authorized in the UK 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. Products and services may be provided under various brand names and in various countries by subsidiaries, affiliates, and joint ventures of BNY Mellon where authorized and regulated as required within each jurisdiction. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Not all products and services are offered at all locations.
The information contained in this video is for use by wholesale clients only and is not to be relied upon by retail clients. Material contained within this video is intended for information purposes only. It is not intended to provide legal, tax, accounting, investment, financial or other professional advice on any matter, and is not to be used as such. You should contact your independent financial advisor prior to acting on any information mentioned in the video. This is not a financial promotion. No statement or expression is an offer or solicitation to buy or sell any products or services mentioned. BNY Mellon does not warrant or guarantee the accuracy or completeness of, nor undertake to update or amend the information or data contained herein. We expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon any of this information or data.
No statement or expression is an offer or solicitation to buy or sell any products or services mentioned. This video is not intended for distribution to, or use by, any person or entity in any jurisdiction or country in which such distribution or use would be contrary to local law or regulation. Similarly, this video may not be distributed or used for the purpose of offers or solicitations in any jurisdiction or in any circumstances in which such offers or solicitations are unlawful or not authorised, or where there would be, by virtue of such distribution, new or additional registration requirements.
Trademarks and logos belong to their respective owners.
© 2014 The Bank of New York Mellon Corporation. All rights reserved.