IBS Journal: Bank of New York Mellon was one of the pioneers of eBAM. Was it worth the effort?
Sometimes an individual is so convinced that an idea will work that they just have to go all out to prove it. Loretta Gannon, vice president of NYC Mellon Treasury Services and head of its global product management and strategic development is such an individual. She was so inspired by the potential of eBAM that it was she who persuaded the bank's senior executives, one of its major corporate clients (UTC) and a friendly technology vendor (Pegasystems) to throw their lot in with the concept right from the start.