BNY Mellon named Best Transactional Bank in Europe, the Middle East and Africa by EMEA Finance magazine

Mon Aug 12, 2013 8:00am EDT

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BNY Mellon named Best Transactional Bank in Europe, the Middle East and Africa by EMEA Finance magazine

Secures top ranking in this category for fourth consecutive year

PR Newswire

LONDON, Aug. 12, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has won EMEA Finance magazine's award for Best Transactional Bank for Financial Institutions in Europe, the Middle East and Africa for the fourth year in a row.

The award recognises BNY Mellon's innovative approach to developing and implementing client-focussed solutions in transactional banking.

Dominic Broom, head of EMEA sales and relationship management, Treasury Services at BNY Mellon, said: "Our industry is going through an unprecedented era of regulatory, technological and economic change, and that means we need to focus on liquidity and supply chain stability more than ever. BNY Mellon has accordingly introduced innovative solutions to help our clients adapt to this changing landscape, such as our new Intraday Liquidity Analytics tool. This tool provides our clients with insight into their day-to-day liquidity flows, to help them keep down costs and free up resources from manual balance monitoring."     

Earlier this year BNY Mellon received bronze awards in three categories – Best Trade Services Provider, Best Bank for Supply Chain Finance and Best Trade Bank in Latin America – at the TFR Awards for Excellence.

Notes to editors:

With locations on six continents and an extensive global network of correspondent financial institutions, BNY Mellon's Treasury Services group delivers high-quality performance in global payments, trade services and cash management. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 countries. 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 private-label treasury services solutions for banks and other large institutional clients.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.

This press release is issued by The Bank of New York Mellon to members of the financial press and media. All information and figures source BNY Mellon unless otherwise stated as at June 30, 2013. The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818. Branch office: One Canada Square, London E14 5AL. Supervised and regulated by the New York State Department of Financial Services and the Federal Reserve. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority.  Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

SOURCE BNY Mellon

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