March 9, 2016
Global Leader in International Payments and Risk Management Solutions Recognized by Deloitte for Innovative Strategies and Business Excellence
TORONTO, ONTARIO–(Marketwired – March 9, 2016) – Cambridge Global Payments (“Cambridge”), a leading provider of integrated cross-border payment services and risk management solutions, has been named one of Canada’s Best Managed Companies in 2015 for excellence in innovative growth strategies and outstanding business performance. The Best Managed program recognizes Canadian-owned and managed companies with revenues over $10 million demonstrating strategy, capability, and commitment to achieve sustainable growth.
“Cambridge’s success in 2015 can be largely attributed to the advancement of our integrated payments solution technology and the knowledge and commitment from our employees,” said Gary McDonald, Chief Executive Officer, Cambridge Global Payments. “We are honored to be recognized as one of Canada’s Best Managed Companies, another milestone that affirms that we are on the right path to continue delivering industry-leading technology solutions that transform the way businesses manage their international payments.”
Critical factors in powering the Company’s sustainable growth strategies include: ongoing development of new technologies, acquisition of high volume clients, a robust global banking footprint, and most importantly, growing and investing in its highly-skilled employees.
“Our rapid transformation from a regional foreign exchange brokerage to one of the largest bank-independent providers of payments solutions globally has been remarkable. It is a privilege to work alongside our leadership team and dedicated employees who have been a part of this growth – a legacy that I am confident will continue to drive us forward for years to come,” said McDonald.
“I would like to recognize the entire efforts of Cambridge Global Payments. It takes a dedicated effort from an entire team to focus on a core vision, create stakeholder value and excel in the global economy to achieve this level of success,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program.
The 2015 winners of the Canada’s Best Managed Companies award, along with Requalified, Gold Standard, Gold Requalified winners and Platinum Club members, will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 12, 2016. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums.
About Cambridge Global Payments
Cambridge Global Payments is a leading provider of integrated cross-border payment services and risk management solutions. As a trusted partner for over 20 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Our award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, we are flexible and responsive, with offices across North America, Europe, and Australia. Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on five levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for their 4th consecutive year); 4) Gold Standard requalified winner (Award recipients that have applied and successfully retained their Gold Standard designation for two additional years, subject to annual operational and financial review); 5) Platinum Club member (Winners have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.