Only those firms who have mastered electronic payments with the highest efficiency and precision have been granted this award. Last year, Cambridge scored an STP rating of 98.31% for USD payments and 99.64% for EUR payments, an outstanding level of automation beyond achievement for many providers.
Such a rating was made possible by Cambridge's exceptional Operations team with the support of the firm's own award-winning, end-to-end technology platform which provides real-time routing information and enables standardized template creation, streamlining settlement from execution to delivery.
"Our Global Operations team is committed to excellence in serving the end client," said Sharna. "We strive to deliver payments with the utmost promptness and accuracy using the enhanced technology developed by our own internal IT team. Each year is an opportunity to build on our improvements and this is reflected in our accomplishment of being honored by this award six years in a row."
Since its inception in 1992,
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Cambridge Mercantile Group Danielle Crowe416.646.6401 (ext. 2248) firstname.lastname@example.org Magnolia Communications Hanah Van Borek778.322.8967 email@example.com Source: Cambridge Mercantile Group