Mellon Treasury Services Schedules Free Cyberconference on New Liquidity Management Service
11 November 2003 - 12:33AM
PR Newswire (US)
Mellon Treasury Services Schedules Free Cyberconference on New
Liquidity Management Service PITTSBURGH, Nov. 10
/PRNewswire-FirstCall/ -- "A New Online Solution to Short-Term
Investing," a free cyberconference presented by Mellon Treasury
Services to outline its new Liquidity Management Service (LMS),
will take place on Wednesday, November 12 from 1 p.m. to 2:15 p.m.
Registration for the event, which will explore the benefits of the
solution, can be done online at http://www.mellon.com/insight03 or
by calling 1 800 424-3004. LMS is a comprehensive, Web-based
investment tool that enables clients to purchase money market funds
and securities online, in addition to providing extensive
investment and performance reporting capabilities. LMS, expected to
be available for commercial introduction by the end of 2003, is
offered by Mellon Financial Markets, LLC (MFM), Mellon's
full-service broker-dealer, and is accessed through Mellon Global
Cash Management (GCM), Mellon's treasury management business. LMS
is available through iTelecash(SM), Mellon GCM's online information
reporting and transaction initiation service, and the investment
transactions are provided by MFM. Other upcoming cyberconferences
hosted by Mellon GCM include: - "ARC - Lessons Learned" on
Wednesday, November 19 from 1 p.m. to 2:15 p.m. Participants will
discuss the benefits of Accounts Receivable Check Conversion, which
converts checks into ACH debits in a lockbox environment. Earlier
this year, Mellon GCM completed its successful ARC pilot and has
since rolled out this solution to other locations in its nationwide
retail lockbox system. - "Expanding Your Card Program to Include
Travel and Entertainment" on Wednesday, December 10 from 1 p.m. to
2:15 p.m. Discussion will center on the benefits of a single card
with both purchasing and travel capabilities, as well as the
rewards of migrating to a one-card provider with the ability to
provide electronic reporting. Mellon Global Cash Management, a
payments industry leader synonymous with quality performance and
known for its innovation and expertise, designs comprehensive
solutions through its broad line of cash management services to
meet the specialized treasury needs of corporations, nonprofit
organizations and financial institutions. In the most recent
Phoenix-Hecht(R) Quality Index of 32 major cash management
providers, Mellon GCM achieved its highest-ever customer
satisfaction ratings. In addition, Mellon GCM is the only
electronic payments services provider in the U.S. to achieve both
Level 3 Capability Maturity Model(R) (CMM(R)) certification for its
software engineering practices and ISO 9001:2000 registration. More
information on Mellon GCM is available at http://www.mellon.com/gcm
. Mellon Financial Markets LLC is a registered broker-dealer
providing investment securities and financial services to customers
of Mellon Financial Corporation and other institutional and high
net worth individual clients. More information on MFM is available
at http://www.mellon.com/financialmarkets/ . Mellon Financial
Corporation is a global financial services company. Headquartered
in Pittsburgh, Mellon is one of the world's leading providers of
financial services for institutions, corporations and high net
worth individuals, providing institutional asset management, mutual
funds, private wealth management, asset servicing, human resources
and investor solutions, and treasury services. Mellon has
approximately $3.2 trillion in assets under management,
administration or custody, including $625 billion under management.
Its asset management companies include The Dreyfus Corporation and
U.K.-based Newton Investment Management Limited. News and other
information about Mellon is available at http://www.mellon.com/ .
DATASOURCE: Mellon Financial Corporation CONTACT: Ron Gruendl,
Corporate Affairs of Mellon Financial Corporation, +1-412-234-7157,
or Web site: http://www.mellon.com/ http://www.mellon.com/insight03
http://www.mellon.com/gcm http://www.mellon.com/financialmarkets
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