BNY Mellon inks deal with Top Image Systems for remittance service

Source: Top Image Systems

BNY Mellon, a global leader in investment management and investment services, today announced that it is embarking on a major upgrade to the receivables solutions provided by BNY Mellon's Treasury Services business.

As part of this upgrade, BNY Mellon will collaborate with Top Image Systems, a global leader in Enterprise Content Management (ECM) solutions, on the deployment of TIS's iRemit cloud-based remittance solution to power BNY Mellon's delivery of enhanced archival, retrieval and reporting services to receivables clients.

“We've been providing secure, scalable archival retrieval and reporting platforms that help end users capture, organize, store, protect and manage a wide range of documents for years. Integrating our platform into BNY Mellon's receivables offerings is going to add an exciting new dimension to the service BNY Mellon provides to its clients ,” said Bob Fresneda, President of TIS Americas.

"Our receivables services are an important part of our supply chain solutions," said Paul Simons, managing director and head of the Supply Chain Product Management Group for BNY Mellon's Treasury Services business.

“Our collaboration with TIS is going to add new and exciting dimensions to our ability to provide insights and analytics on receivables quickly, efficiently and on a fully integrated basis. It's another example of strategic commitment to excellence as a provider of supply chain services."

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