The Bank of New York Mellons Treasury Services group has been recognised as the leading provider of treasury products and services for use by client banks, receiving Best White Label System Provider recognition in Global Finance magazines 2008 Best Treasury and Cash Management Banks rankings.
In selecting The Bank of New York Mellon as the leading provider of white label software, Global Finances panel of judges reviewed information about a number of The Bank of New York Mellons outsourcing offerings, including Trade Outsourcing, which provides a full range of trade-related technology and processing applications that banks can use in servicing corporate clients; private-label working capital applications services, a comprehensive range of cash management and select working capital management offerings provided by BNY Mellon Enterprise Cash Management; Global Payment services, including CA$H-Register Plus; and Remit Worldwide.
“Weve had great success leveraging our existing white-label offerings and using them as jumping off points for the development of even more robust solutions. Reflecting The Bank of New York Mellons increasingly global profile, our white label portfolio features international products and information delivery capabilities that support cross-border trade and payment flows,” says Eric Kamback, executive vice president, The Bank of New York Mellons Treasury Services group.
Global Finance prepares its rankings for Best Treasury and Cash Management Banks on the basis of input from industry analysts, corporate executives and technology experts. A complete awards listing will appear in the magazines March 2008 issue.