The Bank of New York Mellon is Open For Business.
|
|
- Natalie Bates
- 8 years ago
- Views:
Transcription
1 TREASURY SERVICES The Bank of New York Mellon is Open For Business. Merger Spawns New Platform for Enhanced Treasury Services. Sponsored supplement to Treasury & Risk magazine
2 The Bank of New York Mellon is Open for Business Complementary Strengths Yield Enhanced Value, Enable Global Growth for Clients Eric D. Kamback, Executive Vice President and Deputy Sector Head of The Bank of New York Mellon Treasury Services, is responsible for all strategic initiatives related to global payment, global trade, and cash management services including sales initiatives, client support, product management and product development. What is the significance of the merger between The Bank of New York Company, Inc. and Mellon Financial Corporation for the Treasury Services business? The combined companies form a global franchise with complementary strengths. Mellon brings its market leading U.S. cash management solutions and resources to which The Bank of New York adds its international infrastructure and expertise in global payments and trade finance. This tremendous synergy enables the new company s Treasury Services sector to concentrate on providing a complete suite of global working capital solutions to our clients. Our comprehensive capabilities also provide a platform from which we can continue to innovate with new product development. Eric discusses the strategic value of The Bank of New York Mellon, and the benefits that the newly merged franchise brings to its corporate and financial institution clients worldwide. How do your clients benefit from the merger? Under continued cost pressure, clients wish to leverage their relationship with a smaller group of banking partners that can serve them domestically and internationally. They want a trusted provider that can help them navigate the complex global banking environment mitigate risks and address regulatory requirements while minimizing fees, increasing efficiency, enhancing service quality, and optimizing working capital. The complementary strengths of The Bank of New York Mellon s legacy companies enable us to become a full solutions provider to our clients. Not only do we participate in the global banking arena, but through our active involvement in organizations such as SWIFT and NACHA, we represent the needs of our clients in industry efforts to shape the global payments landscape. Our business leaders are engaged in leading industry dialogue at the country, regional, and global levels. Given this combined strength, what differentiates The Bank of New York Treasury Services from its global bank competitors? Treasury Services is a core business for The Bank of New York Mellon. For many of our competitors, treasury services play a small role in their overall strategy. Our senior management understands that, to be successful, we must continually invest in the business. These investments go beyond technology and include building deep levels of expertise within the industry and processes for collaboration with clients. Today, our company serves 80 percent of the Fortune 500 and 70 percent of the Global 500. But our commitment to the industry goes well beyond. A key component of our strategy is to private label our capabilities to enable other financial institutions to deliver treasury services to their business customers. This evidences our deep 2
3 commitment to the industry to operational excellence and service quality, technology investment, and the scale required for providing efficient and cost-effective solutions. Our corporate clients directly benefit from this strategy. Another differentiator is the deep relationships that we ve built with our correspondent banking network. When we work with other financial institutions globally, we don t compete with them. We leverage this strength in facilitating global business for our clients. We bring a high level of expertise and collaboration across our network to getting the transaction done. Our service quality is second to none. What are the areas of strategic focus within treasury services for the newly combined firm? We are strategically focused on ensuring that the clients from our respective legacy organizations immediately benefit from our expanded, comprehensive product capabilities. And we will continue to focus on enhancing our capabilities across the spectrum of working capital solutions as we move ahead. And we are fully committed to being number one in service quality in the industry. A Global Leader Our track record of proven performance underscores our commitment to delivering superior solutions that support our corporate clients as they expand globally. Number 1 in customer satisfaction for Treasury Services* (Bank Leader Survey, ) Number 1 in all Greenwich Quality Indexes: Cash Management Relationship; Bank Operations; Customer Service; Implementation; and Internet and E-Commerce (Greenwich; 2005, 2006) Number 1 Global Trade Services Provider (Trade Finance Magazine; 2004, 2005) Number 1 Accounts Payable Outsourcing Provider (Brown-Wilson Group, 2006) Best Foreign Exchange Service Provider Overall (Global Investor, 2007) 4th largest USD payment processor transferring $1.4 trillion daily (Clearing House and Federal Reserve Board) 2nd in Fedwire transactions and Book Transfers; 3rd in CHIPS and Retail Lockbox (Ernst & Young combined rankings, 2006) Satisfaction based on Legacy Mellon Clients. What kinds of solutions and expertise are they looking for from their banking partners? Companies want straight-through processing (STP) for all of their transactions not just the domestic ones. Within an increasingly complex global marketplace, our clients want us to handle the exception items those non-stp items that require manual intervention and make the process transparent to them. They seek simplified, integrated solutions that eliminate the borders between them and their vendors, customers, and employees. The Bank of New York Mellon is creating a single integrated channel for transaction initiation that eliminates exception processing from the client perspective. We call this buffeting; which means that we absorb any process differences, using technology to create a seamless transaction flow for our clients. How do the company s treasury services capabilities and global infrastructure support clients as they expand globally? It should be as easy for clients to deal with their business partners globally as it is domestically. Clients should not have to pause to consider whether they would receive better service or prices by working directly with an overseas bank. Within the Treasury Services line of business, we have four areas of strategic focus: Cash and Accounts Payable Services, Liquidity Services, Trade Finance, and Global Payments. We draw from across these product groups to craft client-focused solutions within an increasingly global operating environment. What are you hearing from clients about their key objectives and challenges as they expand globally? Our global infrastructure emphasizes strong relationships with local correspondent banks so that we can flawlessly execute transactions and deliver the related information flows. This enables our clients to efficiently work with their global business partners. How will this merger integration differ for clients from the typical experience? Typically in a merger environment, consolidation absorbs a high level of resources, and, to a large extent, business goes on hold, and clients suffer. This merger is different. The Bank of New York Mellon is open for business. We are already building forward momentum based on the joint strengths of our heritage organizations. We are leveraging our complementary capabilities to benefit our clients. We continue to aggressively pursue product development. The combined strengths of our legacy companies offer a full set of treasury services and a platform from which to drive innovation. 3
4 Two-Part Web Seminar Series on Emerging Trends in Payments Best Practices for Sending (11/13/07 at 2pm EST) and Receiving Payments (12/5/07 at 2pm EST) Attendees will learn to: Be more cost effective and efficient when making global payments and receiving deposits Better optimize cash flow Implement technology solutions for your business demands Moderator: Pat Wechsler, Editorial Director, Treasury & Risk Panelists: Al Briand, Director of Product Management, The Bank of New York Mellon Treasury Services Michael Gallanis, CTP, CPA, Partner, Treasury Strategies, Inc.
5 TREASURY SERVICES About Our Services Our Vision To provide the industry s best total global treasury solution, as evidenced by operational excellence, exceptional service, product leadership, and consultative expertise. Global Payments Manage Cash Flow, Liquidity & Risk Global Payment Services Page 5 Cash and Accounts Payable Services Page 6 Trade Finance Services Page 6 Liquidity Services Page 7 To schedule a discussion about your business issues with one of The Bank of New York Mellon s thought leaders, call 1 (800) or send an to wcs@bnymellon.com The Bank of New York Mellon combines advanced technology, innovative products, and industry expertise to help our clients optimize cash flow, manage liquidity, and mitigate risk while efficiently and cost effectively reaching their customers, vendors, employees and investors around the world. Our clients can make payments around the world in more than 100 currencies. Global payment activity continues to globally, they increasingly need an grow as companies and individuals efficient and cost effective way to make regularly make cross-border payments cross-border foreign currency payments within the emerging global marketplace. for salaries, pensions, dividends, and We enable our clients to make crossborder payments anytime, anywhere. global mass payments solution that accounts payable. We offer a simplified Our capabilities address the spectrum of integrates an International ACH (IACH) clients needs for domestic and international payments, U.S. dollar and multicur- alternative for reaching suppliers, payment capability, an electronic rency, treasury and commercial, low and employees, customers, and investors. high value, one-time and repetitive We leverage our correspondent banking payments. network to automate the payment flow to Cross-border, low-value, repetitive the beneficiary s bank account. The bulk payments pose a challenge for our solution removes the cost and delay corporate clients. As clients expand associated with check payments. Global Payment Services at a Glance U.S. Dollar Clearing Direct Remittance Payments Multicurrency Funds Transfer Disbursements Foreign Exchange Concentration and Collection Global Mass Payments Services 5
6 Cash and Accounts Payable Comprehensive Working Capital Management The combined strengths of the heritage Mellon and Bank of New York organizations provide a rich set of cash management products and services. This includes comprehensive accounts receivable and accounts payable solutions, as well as transaction initiation and reporting for the full range of cash management. Our receivables solutions include wholesale, retail, and custom lockbox services, which leverage our national network of lockbox sites. Payables capabilities include paper and electronic disbursement methods, Cash and Accounts Payable Services at a Glance B2B and B2C Receivables Disbursements Treasury Management Finance and Accounting Services Energy Consumption Analysis Private-label Outsourcing for Financial Institutions image capabilities, and fraud protection tools such as Positive Pay and Positive Payee. The Bank of New York Mellon is committed to investing in capabilities that enable our clients to reduce cost, increase efficiency, and strengthen control. This includes making strategic acquisitions and building partnerships. For example, ClearTran, a heritage Mellon acquisition, provides an end-to-end payments processing solution for companies accepting consumer and business payments over the telephone, through an automated voice system, or via the Internet. Likewise, Mellon s aquisition of SourceNet Solutions brings a full array of outsourcing services accounts payable processing, disbursements, purchasing card administration, trade payables finance, document-to-digital conversion, e-commerce solutions such as invoice processing, and energy consumption analysis a tool for understanding and controlling energy costs and usage. We intend to augment these rich outsourcing services with additional global capabilities. Trade Finance Efficient Management of Global Trade Transactions The Bank of New York was the first U.S. bank to issue a letter of credit more than 200 years ago. Today, The Bank of New York Mellon provides comprehensive global trade finance solutions that enable our clients to facilitate trade, manage risk, expedite payments, finance trade flows, and navigate global markets. We take an advisory approach that includes working closely with our correspondent banking network to facilitate trade transactions while mitigating the financial risk between buyers and sellers. Clients seek a more comprehensive solution for managing traditional letter of credit activity and growing open account transactions. Using our global network and leading Internet trade systems, we can offer clients Trade Finance Services at a Glance Letters of Credit U.S. Dollar Reimbursements Global Collections 6
7 Liquidity Services Integrated Suite of Liquidity Management Solutions Liquidity services are fundamental to enabling clients to improve their cash flow, optimize working capital efficiency, and enhance financial performance. Our solutions combine concentration and investment services to address client preferences to actively or passively manage their liquidity. Comprehensive information reporting tools facilitate cash positioning and other support activities. The Bank of New York Mellon combines the complementary strengths of its legacy organizations in delivering its suite of liquidity services. Mellon brings an integrated online investment portal through which clients can gain access to a wide selection of short-term investments at competitive yields. The Bank of New York provides robust concentration services, including overnight investment sweeps. Clients must follow investment policies and guidelines, which dictate their needs. This means we must offer a complete spectrum of liquidity and investment alternatives to satisfy a broad range of investment criteria and preferences. The Bank of New York Mellon lets clients customize our solutions to address their unique requirements, and we will add features and functions where we see client need. We take a highly collaborative approach to working with our clients. In light of Sarbanes-Oxley requirements, clients are concerned with Liquidity Services at a Glance Concentration Services enhancing internal controls around their investment process. As they expand globally, clients must manage liquidity within an increasingly complex operating environment. Our solutions support client efforts to both strengthen controls and operate efficiently as they increasingly manage global liquidity. Investment Services a common platform from which to efficiently manage their entire trade business, including tracking, managing, financing, and settling their open account transactions. The Bank of New York Mellon invests in capabilities that address clients evolving needs for solutions that facilitate supply chain integration. For example, we are engaged in the development of a SWIFTNet Trade Services Utility (TSU), which will enable us to provide innovative solutions related to both open account transactions and supply chain integration. Technology plays an important role in providing tools that enable our clients to more efficiently manage their trade transactions. We have invested $3.5 billion in technology in the past five years to enable us to innovate in ways that enhance the global competitiveness of our clients. We leverage our own technology platform and operations to provide cost effective trade outsourcing solutions. Our strategic investments in technology and outsourcing capabilities underscore our commitment to the trade finance business. Structured Trade Outsourcing Services Exporter Collections via the Internet 7
8
Invested in Corporate Treasury Solutions
Invested in Corporate Treasury Solutions Invested in Corporate Treasury Solutions COMMITTED TO DELIVERING QUALITY WORKING CAPITAL MANAGEMENT SERVICES THAT MEET TODAY S BUSINESS DEMANDS In the past, corporate
More informationSpotlight on U.S. Bank s IBOS Alliance. E-Payment Service Meets Standard for Protecting Payment Card Data
Spotlight on U.S. Bank s IBOS Alliance E-Payment Service Meets Standard for Protecting Payment Card Data International ACH Addresses Growing Need for Global Payment Initiation Spotlight on U.S. Bank s
More informationCHAPTER 9: BANKING DOING BUSINESS IN GREATER PHOENIX, U.S.A. 9.1: THE U.S. BANKING SYSTEM 9.2: ESTABLISHING A U.S. BANK ACCOUNT
CHAPTER 9: BANKING 9.1: THE U.S. BANKING SYSTEM Unlike banks in many countries, U.S. banks are not government-owned and managed. They provide deposit facilities for the general public, provide loans for
More informationA Dual Vision for the Canadian Payments System
Remarks by Lawrence Schembri Deputy Governor of the Bank of Canada Canadian Payments Association Charlottetown, Prince Edward Island 27 June 2014 A Dual Vision for the Canadian Payments System Introduction
More informationComplex Payments. By Bob Murphy
Complex Payments Financial institutions and businesses are faced with a complex world when it comes to managing payments. To thrive, each entity must manage a multitude of variables, as we will operate
More informationSOLUTIONS FOR RETIREMENT SERVICES
SOLUTIONS FOR RETIREMENT SERVICES ONBOARDING RISK & COMPLIANCE OPERATIONS & IT PARTICIPANT SERVICES PLAN SPONSOR & ADVISOR SERVICES REPORTING TRADING DOCUMENT PREPARATION DISBURSEMENTS DATA AGGREGATION
More informationA Survey by the Remittance Coalition to Identify Problems & Solutions to Electronic Payment & Remittance Exchange & Reconciliation By Debra Hjortland
A Survey by the Remittance Coalition to Identify Problems & Solutions to Electronic Payment & Remittance Exchange & Reconciliation By Debra Hjortland Abstract Recent statistics show that a disproportionate
More informationTrends and Best Practices in Electronic Payments
Trends and Best Practices in Electronic Payments Trends and Best Practices in Electronic Payments Over the last year, we have seen a fundamental paradigm shift in the strategies and priorities of our
More informationHow To Run A Global Trade Finance Bank With Cgi Trade360
Get ahead of the curve in global trade finance When your customer says, I want my bank to Can your bank meet the need? We have the ability to turn to CGI and ask them to modify the solution or to roll
More informationSOLUTIONS FOR RETIREMENT SERVICES
SOLUTIONS FOR RETIREMENT SERVICES ONBOARDING RISK & COMPLIANCE OPERATIONS & IT PARTICIPANT SERVICES PLAN SPONSOR & ADVISOR SERVICES REPORTING TRADING DOCUMENT PREPARATION DISBURSEMENTS DATA AGGREGATION
More informationThe Receivables Race to Maximize Control and Automation Nina Hanselmann Cheryl Lehotyak. MN AFP April 28, 2015
The Receivables Race to Maximize Control and Automation Nina Hanselmann Cheryl Lehotyak MN AFP April 28, 2015 Every race consists of key milestones 6. Finish 1. Prepare 5. Pit Stops 2. Know the Course
More informationEnvironmental Scan - International Interoperability Standards -
Environmental Scan - International Interoperability Standards - Environmental Scan - International Interoperability Standards - February 2009 TABLE OF CONTENTS EXECUTIVE SUMMARY 1 I INTRODUCTION 2 1. PURPOSE
More informationBusiness-to-Business EIPP: Presentment Models, Part 1 By: The Council for Electronic Billing and Payment
Business-to-Business EIPP: Presentment Models, Part 1 By: The Council for Electronic Billing and Payment Abstract In the short time since the release of the first web browser in 1993, the Internet has
More informationSWIFT for Corporates: Making the Business Case
SWIFT for Corporates: Making the Business Case Vince Bahl, Vice President of Systems Engineering Bottomline Technologies David Levine, Director of Product Marketing Bottomline Technologies 2 Access to
More informationAutomating the Settlement Process
Automating the Settlement Process Agenda Discussion Outline Why automate payments Options to achieve automation Selecting a service provider Transforming your payment process Future of electronic payments
More informationInternational Payments and Receivables Made Simple
International Payments and Receivables Made Simple Solutions for LAW FIRMS Why do more than 500 law firms worldwide already trust Travelex GLOBAL BUSINESS PAYMENTS to process THEIR INTERNATIONAL payments?
More informationAutomating payment processes to deliver bottom line cost savings in a weak economy.
VISA COMMERCIAL SOLUTIONS payables automation white paper Automating payment processes to deliver bottom line cost savings in a weak economy. Author: Nicholas Marchetti, Senior Business Leader Commercial
More informationOr What makes Canadian Banking different?
CANADIAN BANKING Sharing a Border Or What makes Canadian Banking different? Ray Kohler Senior Relationship Manager, US Markets RBC Royal Bank 1 Agenda Understand the basic differences between Canadian
More informationCash Management. Solutions That Fit
TREASURY SERVICES Cash Management Solutions That Fit TABLE OF CONTENTS The Role of Cash Management Business Cash Cycle...3 Progressive Plan Phase I Information Management & Transaction Control...4 Zero
More informationImproving Accounts Payable Processes to Deliver Bottom-Line Cost Savings
VISA COMMERCIAL SOLUTIONS visa accounts payable automation white paper Improving Accounts Payable Processes to Deliver Bottom-Line Cost Savings Author: Nick Marchetti, Senior Business Leader, Visa Inc.
More informationMerger & Acquisition, Integration and Divestiture
Financial Services the way we do it Merger & Acquisition, Integration and Divestiture Financial institutions are re-focusing their M&A strategies and objectives while aligning their organizations to adapt
More informationTM Forum Your trusted online source for Treasury Management news
In this issue: Fall 2014 Integrated Receivables nextgeneration platform addresses processing challenges Bank partnership key to building a robust e-payables program Integrated Receivables nextgeneration
More informationIntegrating Payables and Receivables to Unlock Working Capital
Integrating Payables and Receivables to Unlock Working Capital Approved for 1 CTP / CCM recertification credit by the Association of Financial Professionals May 2009 Introductions David Kunz Treasury Management
More informationWhite Paper. International ACH Processing: The Complexities and the Opportunities
White Paper International ACH Processing: The Complexities and the Opportunities The Changing Payments Landscape As the global economy expands, the volume of international ACH outbound credit transactions
More informationAsia Market Intelligence Hong Kong SAR
Asia Market Intelligence Hong Kong SAR Presence The Hongkong and Shanghai Banking Corporation Limited (HSBC) is one of the largest banks incorporated in the Hong Kong Special Administrative Region (SAR).
More informationAmegy618. 2015 Amegy Bank N.A. Member FDIC
22333 Amegy618 We noticed it s your first time participating! FYI: Your phone number is completely private, and we ll never spam you. -- Powered by Polleverywhere.com You ve joined Karen Sasser s session
More informationThe Hottest Trends in Payments Taking Place in the ACH Now!
The Hottest Trends in Payments Taking Place in the ACH Now! Sean Carter SVP Payments Strategies Joe Casali SVP Operations& IT 2015 NEACH. All rights reserved. NEACH, as a Direct Member of NACHA, is a specially
More informationMechanics of Foreign Exchange - money movement around the world and how different currencies will affect your profit
Dear Business Leader, Welcome to the Business Insight Seminars an exclusive, informational series to help you gain a powerful edge in today s highly competitive business environment. Our first topic in
More informationConquering the barriers to entering the global ACH market. Jonathan Lear, Earthport Gregory Rettinger, U.S. Bank
Conquering the barriers to entering the global ACH market Jonathan Lear, Earthport Gregory Rettinger, U.S. Bank 2 Agenda What is global ACH Why every bank needs to offer global ACH U.S. Bank customer case
More informationInternational Payments
International Payments Copyright Moneynetint. All Rights Reserved MoneyNet international Ltd was established in 2005, providing companies and individuals with a full range of foreign exchange and payment
More informationACI SELF-SERVICE BANKING
DELIVERS CONTROL, CHOICE AND FLEXIBILITY PRODUCT FLYER ACI SELF-SERVICE BANKING SINGLE INTEGRATED PLATFORM FOR ONLINE, MOBILE AND VOICE EXTENSIBLE REAL-TIME CONSUMER AND BUSINESS TRANSACTIONS AND PAYMENTS
More informationLean Mean Receivables Machine
Lean Mean Receivables Machine Jesse Sandoval, AAP VP, Senior Product Manager Union Bank Nancy Atkinson, CCM Senior Analyst Aite Group Carolyn Swafford, CTP, AAP VP, Treasury Management Solutions Advisor
More informationCloud-based trading & financing ecosystem for global ecommerce
Cloud-based trading & financing ecosystem for global ecommerce specializing in China inbound and outbound trade for small online retailers and social commerce players Our Motto MAKING BUY AND SELL EASY!
More informationShift from Letters of Credit to Open Account using Electronic Supply Chain Management Tools
Shift from Letters of Credit to Open Account using Electronic Supply Chain Management Tools Christopher A. Conn Senior Business Manager Trade & Supply Chain Management Americas Banking Initiatives SWIFT
More informationOptions Are Good. A Treasury Perspective on Driving Value from Payments. Jody L. Lutz Senior Vice President PNC Treasury Consulting Group
Options Are Good A Treasury Perspective on Driving Value from Payments Presented to: April 20, 2015 Jody L. Lutz Senior Vice President PNC Treasury Consulting Group (412) 768-2364 Jody.Lutz@pnc.com Traditional
More informationENTERPRISE PAYMENTS SOLUTIONS
ENTERPRISE PAYMENTS SOLUTIONS OFFERINGS Enterprise payments transformation services Messaging infrastructure consolidation Functional and technology solution design Liquidity management optimization Development,
More informationCommercial Banking and Lending for Morgan Stanley Smith Barney Business Clients. Knowing me. Knowing my business.
Commercial Banking and Lending for Morgan Stanley Smith Barney Business Clients Knowing me. Knowing my business. Commercial Banking Your Morgan Stanley Smith Barney Financial Advisor considers all aspects
More informationThe Corporate Purchase Card: A Catalyst for New Growth in B2B ecommerce
The Corporate Purchase Card: A Catalyst for New Growth in B2B ecommerce A new generation of corporate purchase cards is poised to accelerate B2B ecommerce with a faster, lowerrisk payment. This will be
More informationOutsourcing Receivables and Payables
EXECUTIVE REPORT Outsourcing Receivables and Payables Featured Articles: Massachusetts Bank Reduces Costs through Outsourced Wholesale Lockbox By Kathy Strasser Overcoming Supply Chain Financing Challenges
More informationClick to edit. style. Tom Tsaganos Speaker VP, Commercial Bank Foreign Exchange. Lisa Spano Speaker VP, Treasury Services, Trade Finance and Logistics
Sept / Oct 2007 T R E A S U R Y & S E C U R I T I E S S E R V I C E S Click to edit Solutions to Help You Execute: A Discussion Master with title Experts in Foreign Exchange and Trade style Charles Darwall
More informationLiquidity management with clockwork precision
Liquidity management with clockwork precision Cash management and payments Corporate Banking Efficient management of accounts and cash flows Professional management of accounts and cash flows is a key
More informationCapturing an Elusive Market
Capturing an Elusive Market The World of Global Remittances Payments 2010 April 28, 2010 Meet the speakers Ernest Gregg, Treasurer, Ria Financial Wendy Miller, Global Payments Manager, BNY Mellon Steve
More informationInternational ACH IAT and the Corporate Practitioner
International ACH IAT and the Corporate Practitioner Priscilla C. Holland, AAP, CCM NACHA, The Electronic Payments Association Mark K. Webster, CPA, CCM, Partner Treasury Alliance Group LLC You might need
More informationAT&T. ip vpn portfolio. integrated. IP VPN solutions. for the enterprise. Communication Systems International Incorporated
AT&T ip vpn portfolio integrated IP VPN solutions for the enterprise Communication Systems International Incorporated Applications of IP VPN Technology Applications of IP VPN Technology Sales Force Automation
More informationIS GLOBAL TRADE YOUR NEXT GROWTH PLATFORM?
TRADE FINANCE SERVICES IS GLOBAL TRADE YOUR NEXT GROWTH PLATFORM? GLOBAL OPPORTUNITY. COMPETITIVE ADVANTAGE. Markets around the world are opening their doors, and new trading partners are ready to respond.
More informationJPMorgan Chase is a global financial services powerhouse with assets of US$1.3 trillion and operations in more than 50 countries.
JPMorgan Chase is a global financial services powerhouse with assets of US$1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers,
More informationFusionBanking Trade Innovation Software overview. Operational excellence in trade finance. Trade automation to transform service
FusionBanking Trade Innovation Software overview Operational excellence in trade finance Trade automation to transform service To ensure continued success in Asia and to support our domestic clients more
More informationSales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to $0.96 Operating Cash Flow increased 22 percent to $319 million
Contact: Mark Polzin (314) 982-1758 John Hastings (314) 982-8622 EMERSON REPORTS RECORD FIRST-QUARTER 2006 RESULTS Sales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to
More informationThe Impact of Payment Automation on Bottom-line Savings
The Impact of Payment Automation on Bottom-line Savings In the current recessionary environment, finance professionals have intensified their focus on working capital as well as improving the bottomline
More informationAbout the Speakers Henry Ijams, CAPP/CPM
Electronic Payments: Six Supplier Savvy Steps Toward epayment Success About the Speakers Henry Ijams, CAPP/CPM Managing Director PayStream Advisors, Inc. Mr. Ijams' 25 years of experience focuses on trends
More informationGoldman Sachs Presentation to Deutsche Bank Global Financial Services Investor Conference Comments by Gary Cohn, President and Chief Operating Officer
Goldman Sachs Presentation to Deutsche Bank Global Financial Services Investor Conference Comments by Gary Cohn, President and Chief Operating Officer Slide 3: Thanks, Matt. Today I d like to give a brief
More informationAppendix D Fundamentals of the
Appendix D Fundamentals of the Funds Transfer Process Essentially, an electronic funds transfer is a transaction by which funds move from one institution to another or one account to another at the direction
More informationFederal Home Loan Bank of Chicago. Correspondent Products & Services
Federal Home Loan Bank of Chicago Correspondent Products & Services August 2013 Correspondent Products & Services I. Correspondent Products & Services Overview II. III. IV. Wire Transfers Foreign U.S.
More informationTOURISM INNOVATIVE PAYMENT SOLUTIONS. Efficient, flexible, worldwide and secure
TOURISM INNOVATIVE PAYMENT SOLUTIONS Efficient, flexible, worldwide and secure 2 THE FUTURE OF PAYMENT FOR THE TOURISM AND TRAVEL BUSINESS The PERFECT PARTNER Wirecard is one of the world s leading independent
More informationINCOMING PAYMENT SOLUTION FOR UNIVERSITIES
INCOMING PAYMENT SOLUTION FOR UNIVERSITIES Having Trouble with Foreign Tuition Payments... China, India, Others? Come Learn Best Practices to Minimize Costs and Confusion. This presentation has been prepared
More informationCHAPTER 17. Financial Management
CHAPTER 17 Financial Management Chapter Summary: Key Concepts The Role of the Financial Manager Financial managers Risk-return trade-off Executives who develop and implement their firm s financial plan
More informationHow Global Banks Are Gearing Up to Address Emerging International Payment Processing Needs
Cognizant 20-20 Insights How Global Banks Are Gearing Up to Address Emerging International Processing Needs Executive Summary Recent times have seen a significant upturn in the number of international
More informationCredit Research Foundation Current Trends in the Practice of Lockbox Usage
Credit Research Foundation Current Trends in the Practice of Lockbox Usage Background To stay competitive, your organization needs lockbox and electronic remittance services that accelerates cash flow,
More informationElectronic Reverse Lockbox for Banks and Billers. Direct Insite Corp. (OTC QB:DIRI) Investor Presentation
Electronic Reverse Lockbox for Banks and Billers Direct Insite Corp. (OTC QB:DIRI) Investor Presentation Safe Harbor Statement Some of the statements made in these materials may be forward-looking in nature.
More informationadvertise to announce that a product is for sale or that a service is offered in order to encourage people to buy it or to use it
Aa Acquisition process by which a company buys another company advertise to announce that a product is for sale or that a service is offered in order to encourage people to buy it or to use it advertiser
More informationLloyds Banking Group plc. Strategic Update
Lloyds Banking Group plc Strategic Update 28 October 2014 FORWARD LOOKING STATEMENTS This document contains certain forward looking statements with respect to the business, strategy and plans of Lloyds
More informationInvestment Banking. Nature of operations
Investment Banking Nature of operations Raiffeisenbank s investment banking operations are directed towards local bond issuances and placement, loan syndications arrangement, and the provision of consulting
More informationSUNGARD B2B PAYMENTS AND BANK CONNECTIVITY STUDY INNOVATIONS TO OVERCOME COMPLEXITY-DRIVEN FRAUD EXPOSURE AND COST INCREASES
SUNGARD B2B PAYMENTS AND BANK CONNECTIVITY STUDY INNOVATIONS TO OVERCOME COMPLEXITY-DRIVEN FRAUD EXPOSURE AND COST INCREASES CONTENTS 3 Study Scope 3 Respondent profile 4 Key Findings 5 Structure 5 A global
More informationAutomated Accounts Payable and Commercial Card Management from AOC Solutions
aocsolutions.com Automated Accounts Payable and Commercial Card Management from AOC Solutions 1 I NEXT PAGE» Contact us at 800.692.7087 CFOS IN MOST INDUSTRIES ARE UNDER PRESSURE TO DO MORE WITH LESS.
More informationSAP Solutions. Delivering Financial Excellence with SAP Solutions
SAP Solutions Delivering Financial Excellence with SAP Solutions CONTENT 4 Today s Brave New Business Environment 5 New Pressures and Opportunities for CFOs 6 A New Set of KPIs for Finance 7 How SAP Can
More informationThe Next Wave in Finance & Accounting Shared Services Establishing Centers of Expertise
The Next Wave in Finance & Accounting Shared Services Establishing Centers of Expertise The Next Wave of Finance & Accounting Shared Services INTRODUCTION As finance and accounting shared services operations
More informationHOW AN INTEGRATED RECEIVABLES SOLUTION
WHITE PAPER HOW AN INTEGRATED RECEIVABLES SOLUTION ELIMINATES THE BARRIERS TO ELECTRONIC PAYMENTS 2013 WAUSAU FINANCIAL SYSTEMS, INC. All Rights Reserved. All other copyrights cited herein are the property
More information9. Thüringer Außenwirtschaftstag
9. Thüringer Außenwirtschaftstag 12. November 2015 Anke Bülow und Carsten Gnoth Business & Corporate Banking Sachsen, Sachsen-Anhalt, Thüringen WF JPM HSBC BAML SAN Citi Lloyds BNP Credit Suisse DB UniCredit
More informationHow To Use Ncr Aptra Clear
NCR APTRA CLEAR National payment hub for clearing and settlement Shifting payment dynamics: The international scope Every country has some form of unique payment system based on its own financial practices,
More informationVisa Inc. to Acquire Visa Europe
N E W S R E L E A S E Visa Inc. to Acquire Visa Europe Strategic Acquisition to Create One Global Company That Further Extends Visa s Payment Leadership; Adds Approximately 3,000 European Issuers, over
More informationBusiness-to-Business Wire Transfer Payments: Customer Preferences and Opportunities for Financial Institutions. Prepared by:
Business-to-Business Wire Transfer Payments: Customer Preferences and Opportunities for Financial Institutions Prepared by: Contents Section 1: Executive Summary...................................1 Key
More informationThe value of partners
The value of partners HP engages with partners in a predictable way to enhance our mutual profitability, to grow our combined business, to augment capabilities, to extend market reach, and to increase
More informationProducts Currency Supply Chain Management
Products Currency Supply Chain Management Today s Enterprises Need Intelligent and Integrated Solutions to Optimize Currency Levels, Reduce Expenses and Improve Control Products The financial services
More informationBT for Financial Services. Payments. A forward-thinking approach to get ahead of payment trends
BT for Financial Services Payments A forward-thinking approach to get ahead of payment trends The future of payments is communications Communications has changed the world of payments. Customers and clients
More informationSmall Business Online Payroll Payday for Everyone?
Small Business Online Payroll Payday for Everyone? NACHA Payments Seattle, WA April 27, 2010 Rich Heller Director, Business Development SurePayroll Rich.heller@surepayroll.com 404.841.9422 Alicia Treadway
More informationLocal incorporation in 2008 allows all branches to provide full-range People s Bank of China (PBOC)
China - Factsheet Currency Renminbi (CNY) or (RMB) Why Deutsche Bank Time Zone GMT + 8 Local incorporation in 2008 allows all branches to provide full-range Central Bank People s Bank of China (PBOC) customer
More informationTREASURY SOLUTIONS FOR INSURANCE COMPANIES
TREASURY SOLUTIONS FOR INSURANCE COMPANIES SERVICES TO ENHANCE YOUR EFFICIENCY AND PROFITABILITY Your operating environment is continually evolving. And the competition is always a step closer to capturing
More informationStatement for the Record National Committee on Vital and Health Statistics Subcommittee on Standards
Boost Payment Solutions, LLC 767 Third Avenue New York, NY 10017 T 212 750 7771 F 646 219 6100 www.boostb2b.com Dean M. Leavitt Chairman & CEO June 6, 2014 Statement for the Record National Committee on
More informationDriving AP Automation Efficiencies Through Payments Transformation. Minnesota AFP April 19, 2011
Driving AP Automation Efficiencies Through Payments Transformation Minnesota AFP April 19, 2011 Zorica Stojanovic Vice President Lawrence Heavey Senior Vice President Agenda Payments Transformation Challenges
More informationDepartment-wide Systems & Capital Investment Programs
Department-wide Systems & Capital Investment Programs Mission Statement The Department-wide Systems and Capital Investments Programs (DSCIP) is authorized to be used by or on behalf of the Treasury Department
More informationCREDIT PROCESSING. First Data takes you beyond with Credit solutions designed to meet the ever-evolving needs of your customers.
CREDIT PROCESSING First Data takes you beyond with Credit solutions designed to meet the ever-evolving needs of your customers. Enabling innovative solutions through strategic alliances HOW WILL YOU GO
More informationMoving forward with B2B wire transfers: How banks can create value for their corporate clients
Journal of Payments Strategy & Systems Volume 3 Number 3 Moving forward with B2B wire transfers: How banks can create value for their corporate clients Hank Farrar* and Lauren Hargraves** Received (in
More informationResults Presentation. Core Banking Modernisation DETERMINED TO BE BETTER THAN WE VE EVER BEEN.
DETERMINED TO BE BETTER THAN WE VE EVER BEEN. Core Banking Modernisation Results Presentation For the half year ended 31 December 2009 10 February 2010 Commonwealth Bank of Australia ACN 123 123 124 14
More informationPURCHASE SALE. Customised Solutioning and Advisory Services. Global Transaction Services Simplified Banking. Customised Solutions
Customised Solutioning and Advisory Services ING Vysya Bank offers advisory services relating to FEMA, EXIM Policy, URC, UCPDC, URDG, ECA Financing and ECGC through vastly experienced trade finance practitioners
More informationA DUAL CASE STUDY. SVB Securities PNC
A DUAL CASE STUDY A D U A L C A S E S T U D Y Corporate Overview is a highly diversified and growing financial services organization spanning the retail, business and corporate markets. With more than
More informationExecutive Summary - North Carolina Statewide Technical Architecture
State of North Carolina NASCIO Nomination Enterprise Architecture Executive Summary - North Carolina Statewide Technical Architecture In 1994, North Carolina recognized a the need for a comprehensive enterprise
More informationA 2010 GLOBAL TRANSACTION BANKING HANDBOOK:
A 2010 GLOBAL TRANSACTION BANKING HANDBOOK: in association with: Platinum sponsor: Gold sponsor: Silver sponsor: www.financial-i.com TRADE & SUPPLY CHAIN FINANCE Honing in on efficiencies The financial
More informationconnecting buyers and sellers
Europe Regional Overview connecting buyers and sellers An Overview of Our European Payment Services www.tsys.com Europe Regional Overview Our state-of-the-art European data centre, purpose-built in 2004,
More informationThe Eight Dimensions of Customer Experience for Financial Services
WHITE PAPER: FINANCIAL SERVICES The Eight Dimensions of Customer Experience for Financial Services OCTOBER 2007 Table of Contents Executive Summary SECTION 1 2 Financial Institutions Shift Their Focus
More informationBUSINESS JUSTIFICATION
BUSINESS JUSTIFICATION FOR THE DEVELOPMENT OF NEW ISO 20022 FINANCIAL REPOSITORY ITEMS A. Name of the request: Extended Remittance Advice Messages B. Submitting organisation(s): These messages are submitted
More informationDISPUTE AND FRAUD IN TELECOM TRADING MARKET 2011
White Paper DISPUTE AND FRAUD IN TELECOM TRADING MARKET 2011 EMS Financial Services i Dispute & Fraud in Telecom Trading 1 CONTENT Buyer Beware: Fraud Poses Significant Challenges for Telecom Trading Market...
More informationCGI Payments360. Moving money with greater agility and confidence. Experience the commitment
CGI Payments360 Moving money with greater agility and confidence Experience the commitment Addressing today s payments realities Customers want the ability to buy anything, pay anyone and bank anywhere
More informationTreasury Management. WellsOne Commercial Card
Treasury Management WellsOne Commercial Card $182,000 Average value a company can generate for every $1 million in spending converted to commercial cards, through reduced processing costs, increased discounts,
More informationElectronic Funds Transfer Policy
Electronic Funds Transfer Policy APPROVED BY: Ronald J. Paprocki DATE: February 2, 2010 PAGE: 5 I. Date of Initiation/Revision February 2, 2010 II. Policy Classification Treasury Department III. Policy
More informationCurrent Opportunities
Current Opportunities Updated October 23, 2015 Product Management, Marketing & Project Management SVP Product and Subject Matter Expert Innovation and Mobile Commerce In this executive role you will help
More informationProduct. Corillian Business Online Corporate Treasury Management Solution on the Industry s Best Online Banking Platform
Product Corillian Business Online Corporate Treasury Management Solution on the Industry s Best Online Banking Platform Online Corporate Banking Today Realtime liquidity management and access to relevant
More informationIBM Lender Business Process Services Charting a course for faster, smoother mortgage origination.
IBM Lender Business Process Services Charting a course for faster, smoother mortgage origination. Streamlining and automating the lending process for competitive advantage Meeting the challenges of a volatile
More information