Deutsche Bank Award
Cambridge Mercantile Group, a leader in corporate foreign exchange and global payments, has received the Deutsche Bank Straight-Through-Processing (STP) Excellence Awards for 2011. The award recognizes outstanding performance with respect to payments processing; Cambridge has achieved a rating of 99.02% for USD payments and an unprecedented 100.00% for EUR payments. This marks the fourth consecutive year Cambridge has been honoured with the Deutsche Bank STP Excellence Awards.
The Deutsche Bank Award is globally recognized and awarded to only those limited few payment companies who not only meet but exceed the highest standards of operational efficiency.
“Payment processing is our core competency; we have always been determined to ensure international money transfers reach their respective destinations, when expected and without complications”, said Sharna Gayle, Vice President of Operations and Banking Relationships at Cambridge Mercantile Group. “The Deutsche Bank awards we have received over the past four years demonstrates the emphasis Cambridge places on service, and is a rewarding confirmation of our hard work”.
For more information on the Deutsche Bank Award, click here.
Ernst & Young Entrepreneur of the Year Award
Cambridge Mercantile Group co-founders Bernard Heitner and Jacques Feldman were recently nominated for the Ernst & Young Entrepreneur Of The Year Award for 2012.
For nearly 20 years, the Ernst & Young Entrepreneur Of The Year Awards have celebrated countless entrepreneurs who have triumphed over adversity and built successful, game-changing ventures.
The Awards are held in more than 140 cities and in more than 50 countries worldwide. Annually, each of the overall country winners gather in Monte Carlo for the annual Ernst & Young World Entrepreneur Of The Year Award.
Cambridge's nomination represents inclusion in the Ontario category. On July 5 2012, finalists from each category are selected, to be reviewed by a panel of eight judges. A provincial winner is selected from those, who will continue to the National level.
Past winners include Canada Goose, Shutterstock and Nexus; the judges hail from industry leading companies such as Knghtsbridge Capital and the University of Waterloo, or from past winners.
Cambridge is proud to have been nominated for the prestegious award, and offers congratulations to the past and future winners.