BofA Merrill Transaction Services Clients Discuss Connected World
September 22 2014 - 10:00AM
Business Wire
Finance Execs Attending Conference Receive
Insights Into Meeting Today’s Challenges
The breadth of topics covered at a Bank of America Merrill Lynch
client conference last week was immense: everything from
maintaining connectedness during natural disasters to leveraging
social media as a talent management tool to information
security.
In light of this spectrum of topics, keynote speaker Peter
Markell, chief financial officer and treasurer of Boston-based
Partners Healthcare Systems, told conference participants that they
must cultivate innovative solutions and be willing to take
risks.
The conference, titled Treasury in a Connected World, was held
in Hollywood, Fla., and attended by financial and treasury
executives from some of BofA Merrill’s most strategic middle-market
and large corporate clients. Hosted by the BofA Merrill Global
Business Solutions team, the conference allowed participants to
gain knowledge from industry practitioners and peers alike. Global
Business Solutions is comprised of former CFOs, treasurers, global
operations and process experts who bring their unique perspective
to the bank’s treasury clients, consulting with them on strategy,
design and transformations.
“Our clients are living and working in a dynamic, borderless and
data-driven world – a world that is experiencing seismic changes,”
said Paige Chesser, head of Global Business Solutions. “These
changes – from digitization and social media to multi-generational
dynamics – can affect every aspect of our clients’ businesses.”
The conference kicked off with a video that speaks to our “data
economy” and the staggering onslaught of new technologies available
today.
Samuel Dergel, a consultant and executive recruiter with Stanton
Chase International, then led a session on socializing technology,
speaking to the role of social media as it relates to success.
“Success is a choice,” he said, “and you have an opportunity to
change and impact your own career and the people around you. To be
successful, you need to be visible, branded and networked.”
In his keynote, Markell provided further insights on the world
in which we live by leading a lively discussion on human capital
and its criticality to a successful organization.
“Don’t be afraid to make a mistake,” he advocated.
“Organizations can paralyze themselves by just letting things float
versus forcing escalation and change. Also, an organization is only
as strong as the mosaic of people it brings in.”
Other topics featured in the conference included:
- Excelling beyond borders
- Staying connected when things go
wrong
- Insights regarding the profiles and
motivations of today’s data fraudsters
- Multigenerational dynamics
- Steps to stay connected around the
globe
In addition to dynamic speakers, the two-day conference also
featured interactive roundtable discussions, allowing attendees to
voice their thoughts on business transformation, today’s
technological phenomenon and the invigorating effect they both have
on treasury practices.
For further insight into treasury management topics, conference
attendees were given a copy of the reports Transforming Treasury
for Growth and Driving Growth in Latin America, produced by the
BofA Merrill Global Transaction Services team in conjunction with
Treasury Management International magazine.
Bank of AmericaBank of America is one of the world's leading
financial institutions, serving individual consumers, small
businesses, middle-market businesses and large corporations with a
full range of banking, investing, asset management and other
financial and risk management products and services. The company
provides unmatched convenience in the United States, serving
approximately 49 million consumer and small business relationships
with approximately 5,000 retail banking offices and approximately
16,000 ATMs and award-winning online banking with 30 million active
users and more than 15 million mobile users. Bank of America is
among the world's leading wealth management companies and is a
global leader in corporate and investment banking and trading
across a broad range of asset classes, serving corporations,
governments, institutions and individuals around the world. Bank of
America offers industry-leading support to approximately 3 million
small business owners through a suite of innovative, easy-to-use
online products and services. The company serves clients through
operations in more than 40 countries. Bank of America Corporation
stock (NYSE: BAC) is listed on the New York Stock Exchange.
Bank of America Merrill Lynch is the marketing name for the
global banking and global markets businesses of Bank of America
Corporation. Lending, derivatives, and other commercial
banking activities are performed globally by banking affiliates of
Bank of America Corporation, including Bank of America, N.A.,
member FDIC. Securities, strategic advisory, and other
investment banking activities are performed globally by investment
banking affiliates of Bank of America Corporation (“Investment
Banking Affiliates”), including, in the United States, Merrill
Lynch, Pierce, Fenner & Smith Incorporated and
Merrill Lynch Professional Clearing Corp., all of which are
registered broker-dealers and members of SIPC, and, in other
jurisdictions, by locally registered entities. Merrill Lynch,
Pierce, Fenner & Smith Incorporated and Merrill Lynch
Professional Clearing Corp. are registered as futures commission
merchants with the CFTC and are members of the NFA. Investment
products offered by Investment Banking Affiliates: Are Not FDIC
Insured * May Lose Value * Are Not Bank Guaranteed.
Copyright 2014 Bank of America Corporation. All rights reserved.
Bank of America, Merrill Lynch, Broadcort and their logos
are trademarks of Bank of America Corporation and/or
its affiliates.
Visit the Bank of America newsroom for more Bank of America
news.
www.bankofamerica.com
Reporters May Contact:Will Wilson, Bank of America Merrill
Lynch, 980.388.3360will.wilson@bankofamerica.com
Bank of America (NYSE:BAC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bank of America (NYSE:BAC)
Historical Stock Chart
From Apr 2023 to Apr 2024