OREANDA-NEWS. January 22, 2016. PwC has been named Best Global Treasury Consultancy by global publication Treasury Management International (TMI) in their annual Awards for Innovation and Excellence, taking place in London tonight. This marks the 15th consecutive year PwC has been awarded this accolade.

PwC won the award based on nominations from clients across the global treasury community.

Established in 1998, the TMI awards are firmly recognised as the quality benchmark for the treasury profession, formally acknowledging the banks, vendors, consultants and practitioners who are driving best practices in treasury management worldwide.

The award of the best Global Treasury Consultancy title is based on the strength of a range of submissions from clients reflecting the range of work PwC’s global network of treasury consultants has delivered over the last year. These range from large scale, technology-driven treasury transformation projects, to highly-specialised advice on complex matters in the risk and cash management areas.  Increasingly, the projects bring together expertise from various areas of the network, brought together by PwC treasury experts to provide unique solutions to client issues.

Sebastian di Paola, global leader of the Corporate Treasury Solutions practice at PwC, said:

"This win is a reflection of the quality of our 500-strong global Corporate Treasury team, confirming PwC as the clear market leader in this space.  The TMI Awards continue to recognise the significant leaps the global treasury profession has made, especially following the turmoil of the financial crisis.

“There are so many big picture issues facing treasurers today - emerging markets’ offshore debts and currency problems, banks’ capital shortages, cyber threats and uncertainty surrounding the oil price, to name a few. The challenge for treasurers is understanding how they can successfully manage these risks. Our work with clients shows that the treasury profession is maturing and starting to make great strides in bringing more value-added insight into the wide range of risks and opportunities facing their businesses today."

Robin Page, CEO of Treasury Management International, said:

“We are delighted to see PwC win this award now for the 15th year in succession, an outstanding achievement. The competition for this award this year was very strong; however, PwC’s client nominations were exceptional, with a very wide selection of case studies testimonials demonstrating best practice across the whole treasury spectrum, including traditional areas such as tax. Our congratulations to them for this richly deserved award.”

PwC has one of the world's largest treasury advisory groups, providing a broad range of complementary treasury, risk management, banking, technology, taxation, accounting, systems development and programme management skills.