Promontory Interfinancial Network, LLC Named as a Top 10 Treasury Management Solution Provider by Banking CIO Outlook
ARLINGTON, VA (February 19, 2016) – Promontory Interfinancial Network, LLC (“Promontory”) today announced Banking CIO Outlook magazine added the company to its list of top ten Treasury Management Solution Providers for 2016.
“We are honored to be recognized for our commitment to offer best-in-class solutions for banks and other financial institutions,” said Mark Jacobsen, President and CEO at Promontory. “We thank our many Network bank members and their customers for their support, as well as our internal teams for their commitment to delivering superior treasury management solutions to banks of all sizes.”
CIO, Duffy Mees, added, “Our goal is to become the standard by which financial services technology companies are measured. This includes great financial technology solutions and customer service second to none.”
Banking CIO Outlook features companies devoted to providing treasury management solutions that effectively support clients’ needs. The magazine provides insights into how these solutions enable businesses and other customers to manage their liquidity and financial activities effectively and efficiently.
With its unique network of thousands of financial institutions nationwide, Promontory provides banks with services that banks can use to acquire and retain large-dollar customer relationships, purchase funding, manage liquidity, reduce collateralization costs, and buy and sell bank assets.
About Promontory Interfinancial Network, LLC
Promontory Interfinancial Network was founded by leading figures in the banking industry—Eugene Ludwig, Alan Blinder, Mark Jacobsen, and Alfred Moses—to provide financial institutions with profit-enhancing solutions. The founders envisioned a network, composed of thousands of financial institutions, whose “synthetic size” would help each member institution to compete more efficiently.
Senior Vice President, External Affairs
Promontory Interfinancial Network, LLC