Cambridge Mercantile Group is a Recipient of the Deutsche Bank STP Excellence Awards for 2010

By Cambridge Mercantile Group, PRNE
Wednesday, July 6, 2011

TORONTO, July 7, 2011 -


 

Cambridge Mercantile Group, a leader in the foreign exchange and
global payments industry, has received the Deutsche Bank Straight
Through Processing (STP) Excellence Awards in recognition of the
outstanding STP rating of 98.57% for USD payments and 99.96% for
EUR payments. This marks the third consecutive year Cambridge has
been honoured with the Deutsche Bank STP Excellence Awards.

“The Deutsche Bank awards received over the past three years
demonstrate the knowledge and expertise in payment processing by
the Cambridge Operations Team and reflect the service commitment to
our clients in ensuring that payments are routed correctly,” said
Sharna Gayle, Vice President of Operations and Banking
Relationships at Cambridge Mercantile Group. “Our priority is to
maintain the highest possible STP rates to reduce overall cost for
our customers and avoid payment delays.”

J. C. Martin, Senior Client Manager, Global Transaction Banking,
Deutsche Bank, said, “Cambridge Mercantile Group continually shows
its commitment to operational excellence and to industry standards
by winning this award for three years straight. We look forward to
the opportunity of continuing to support Cambridge’s award-winning
STP efforts.”

Cambridge Mercantile Group prides itself in providing the
highest level of service to its clients, focusing on contentiously
improving its systems, processes and solutions in order to surpass
client expectations. This drive to exceed is instilled in all
aspects of Cambridge’s work, from its specialized team to its
efficient new Cambridge Online platform.

About Cambridge Mercantile Group

For almost two decades, Cambridge Mercantile Group has been
earning the trust and respect of leading companies around the world
by helping manage their foreign exchange and global payments. With
offices strategically located across North America, the United
Kingdom
, and, in 2011, Australia, Cambridge facilitates the secure
and prompt movement of billions of dollars annually for thousands
of clients, across a variety of industries. Cambridge continues to
cultivate innovation by introducing customer-centric products such
as Cambridge Online and through the recent acquisition of E4X. For
more information, visit href="www.cambridgefx.com">www.cambridgefx.com.

For further information:
Sharna Gayle
VP, Operations & Banking Relationships
+1-416-646-6401 x 2438

Nina Popovic
Marketing & Communications Specialist 
+1-416-646-6401 x 2248

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