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WORLD'S BEST TREASURY & CASH MANAGEMENT PROVIDERS 2013
WORLD'S BEST TREASURY & CASH MANAGEMENT PROVIDERS 2013
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Global Finance
Names the World’s Best Treasury & Cash Management Providers 2013
NEW YORK, January 18, 2013
–
Global Finance
magazine has released its rankings for the Best Treasury and Cash Management Banks and Providers by category and region to be published in an exclusive survey in the March 2013 issue.
We have selected an overall global winner and an overall global winner for the Best White Label Service Provider category. We have also selected regional winners in North America, Western Europe, Central and Eastern Europe, Asia, Latin America, Middle East, Africa and the Nordic region. Additionally in each region, winning banks have been selected across four categories encompassing payments and collections, liquidity and risk management, and money market funds.
Global Finance
editors — with input from industry analysts, corporate executives and technology experts, —selected the best providers of treasury and cash management services. A variety of subjective and objective criteria were used for choosing the winners. Factors considered include: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision. In addition, for the first time, a poll of
Global Finance
’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
Awards submissions we received this year continued to reflect the changing global landscape for treasury and cash management services. There is increasing competition between regional, domestic and global cash management providers. Developed market banks face increasing competition from regional players in Asia and the Middle East—and, to a lesser extent, other emerging markets. Competition among treasury and cash management providers in North America is also increasing, with a number of providers stepping up their investment in solutions for treasurers in that region.
In recognition of the growing role of treasury technology providers, both bank and non-bank, we have also selected Best Treasury Management Systems & Services providers across 19 categories, including a number of new categories. “In the current volatile global economic environment, treasurers need the best tools and advice available to make capital work harder than ever,” says
Global Finance
publisher Joseph D. Giarraputo. “Our awards identify the banks and providers of products and services that consistently improve transaction processes to speed collections, cut costs and reduce risks.”
An Awards Ceremony for all winners will be conducted at the same time as the September 2013 SIBOS conference in Dubai, UAE. More details to follow. For more information please contact: Katharine Frey, email:
kfrey@gfmag.com
or phone: 212-524-3212
Global Winners
Best Overall Bank for Cash Management:
Citi
Best White Label System Provider:
BNY Mellon Enterprise Treasury Services
Regional Winners
Best Overall Bank for Cash Management
North America
Bank of America Merrill Lynch
Western Europe
Deutsche Bank
Asia
HSBC
Latin America
Citi
Nordic Region
SEB
CEE
UniCredit
Africa
Standard Bank
Middle East
HSBC
Best Bank for Liquidity Management
North America
Bank of America Merrill Lynch
Western Europe
RBS
Asia
Standard Chartered
Latin America
Citi
Nordic Region
SEB
CEE
RBS
Africa
Standard Chartered
Middle East
Standard Chartered
Best Provider of Money Market Funds
North America
J.P. Morgan Asset Management
Western Europe
DB Advisors
Asia
J.P. Morgan Asset Management
Latin America
Santander
Nordic Region
Nordea
CEE
Raiffeisen Bank International
Africa
Standard Bank
Middle East
Banque Misr
Best Bank for Risk Management
North America
J.P. Morgan
Western Europe
Deutsche Bank
Asia
Citi
Latin America
Citi
Nordic Region
Nordea
CEE
Raiffeisen Bank International
Africa
Citi
Middle East
HSBC
Best Bank for Payments and Collections
North America
Wells Fargo
Western Europe
Deutsche Bank
Asia
HSBC
Latin America
Citi
Nordic Region
Danske Bank
CEE
UniCredit
Africa
Standard Bank
Middle East
Abu Dhabi Commercial Bank
Best Treasury Management Systems & Services Providers
Accounts Payable Services
BNY Mellon SourceNET
Accounts Receivable Services
SunGard AvantGard Recivables
Electronic Invoice Presentment and Payment Services
Basware
Payroll Services
ADP
Corporate Cards and Expense Services Provider
Visa
Multichannel Payments Services/Solutions
Clear2Pay
Loss Prevention/Business Continuity Services Provider
IBM Business Continuity and Resiliency Services
Pension Plan Administration Services
Mercer
Treasury Workstation Provider
SunGard AvantGard
Hosted TCM Solution
SunGard AvantGard
Software-as-a-Service (SaaS) Offering
Kyriba
ERP Solution
SAP
SWIFT Utility Access
Fundtech
Cash Forecasting
Kyriba
Treasury Analytics
Bank of America Merrill Lynch CashPro Accelerate
Best Corporate Risk Management Solution
Reval
TCM Consultancy Services
Ernst & Young
Most Innovative New Solution
SAP Financial Services Network
Best Mobile Solution Provider
Wells Fargo
An Awards Ceremony for all winners will be conducted at the same time as the October 2012 SIBOS conference in Osaka, Japan. More details to follow. For more information please contact: Katharine Frey, email: kfrey@gfmag.com or phone: 212-524-3212