The Bank of New York Mellon Launches Enterprise Treasury Services, Outsourcing Solutions

The Bank of New York Mellon's treasury services group has launched Enterprise Treasury Services, an expanded suite of private-label and back-office outsourcing solutions for banks. Enterprise Treasury Services combines a broad range of capabilities and services provided by The Bank of New York Mellon to banks, including cash management, trade, global remittance, online and electronic payment processing, international funds transfer, check clearing, and lockbox and financial process outsourcing.

Enterprise Treasury Services can help extend the reach of client bank platforms, giving them functionalities that they can provide to clients under their own brand. In other cases, Enterprise Treasury Services are provided on a back-office outsourcing basis, with entire functions lifted out of the client bank's operation and provided entirely by The Bank of New York Mellon. In all cases, Enterprise Treasury Services allows its clients to offer solutions without making the costly investments needed to keep up with the rapidly changing marketplace.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio