Treasury Management Internation Logo

Two New Awards for Innovation & Excellence for BELLIN

Published 

BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, has again been recognized as an industry leader, winning the 2015 Awards for Innovation & Excellence in Treasury & Risk Management in two categories – Best Bank Connectivity Solution and Best Trade Finance Solution.

The Awards for Innovation & Excellence are sponsored by Treasury Management International and were introduced more than 10 years ago. In this time, they have become firmly established as the quality benchmark for the treasury profession, formally recognizing the banks, vendors, consultants and practitioners who are defining new frontiers and driving best practices in treasury management globally. In winning the awards, BELLIN’s treasury management system, tm5, was recognized for providing innovation and excellence in the areas of bank connectivity and trade finance.

The first award is in the “Best Banking Connectivity Solution” category. tm5 is one of the most powerful treasury solutions but also meets all requirements of a global payment factory in the same system. It offers integrated, full bank connectivity via both host-to-host connections and local standards like EBICS, but also the outstanding and uniquely embedded BELLIN SWIFT Service. This results in an all-around payment solution that is electronic and mobile and works in real time, independent of banks — all available to an unlimited number of users anywhere in the world. It offers “four-dimensional” payment functionality: multi-country and multi-bank processing of both domestic and cross-border payments. The connectivity also allows for the collection of bank statements, trade confirmations (matching), and the processing of electronic guarantees or letters of credit (LCs). All eBAM and payment factory needs are covered. This comprehensive and modern solution to bank connectivity and has played a pioneering role in improving treasury standards of globally operating corporations.

The second award is in the “Best Trade Finance Solution” category. The comprehensive and unique offering in tm5 exceeds the standard aspects of recording trade finance deals, with a particular focus on the pivotal topic of letters of credit (LCs). As part of the optimization of trade finance processes, the electronic opening of LCs and guarantees is possible directly out of tm5. The communication with issuing banks is done via EBICS or the client’s SWIFT code made available by the BELLIN SWIFT Service and is fully integrated into tm5: opening, authorizing, sending, managing, monitoring and adjusting of deals can be handled either by the central treasury or in each group company. With electronic processing of trade finance deals, companies can now optimize their internal processes globally and monitor the respective credit lines without any delay; they also have an overview of the various maturities, all of which boost visibility.

“We are very excited about this recognition! Being awarded in not just one, but two categories – “Best Trade Finance Solution” and “Best Bank Connectivity Solution” – in the prestigious Treasury Management International Awards is a great achievement and shows that our continued efforts in these fundamental treasury disciplines are being recognized by the industry at large. The spirit of innovation is inherent in our culture at BELLIN and front and center in our corporate vision. We are always searching for the next great idea and the next great technology to lead treasuries forward,” shares Martin Bellin.

Most recent episodes

The Future of ESG in Treasury

In this podcast, Melissa Moi, Peter Jameson and Venkat ES from Bank of America join TMI’s Eleanor Hill to determine where the ESG journey is heading next. Our expert panel consider how changing regulation, technology solutions and metrics including ESG KPIs...

26:50

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55