Global and regional responses: In the lead categories, each voter’s nominated top bank is awarded four points, second place three points and third place two points. Each voter’s score is then weighted depending on the annual gross sales of the part of the business for which the voter is responsible, as follows:
These scores are then totalled for each bank to give a final score. Domestic/country responses: In the lead categories, each voter’s nominated top bank is awarded four points, second place three points, and third place two points. These scores are then totalled for each bank to give a final score. On a domestic/country level, no weightings are applied to the voter’s scores. In order for a country ranking to be published, there need to be at least 10 votes for two banks within that country. Service category rankings: Tables are calculated by taking the arithmetic mean of the ratings for each individual category out of seven. To qualify in these categories, banks need to receive 5% of the total individual vote count in that category. Non-financial institutions can tick one (and only one) of the following in order to complete particular sections of the survey:
Respondents tick ‘global plus regional’ if they are voting on behalf of their company’s cash management operations globally. Respondents tick ‘regional’ if they are able to vote on behalf of their company’s cash management operations in a specific region. Respondents tick ‘regional plus domestic’ if they are able to vote on behalf of their company’s cash management operations in a specific region and able to vote on their cash management operations in a specific country. Respondents tick ‘domestic’ if they are able to vote on behalf of their company’s cash management operations in a specific country (the country they work in for which they have specific knowledge of the cash management operations within it).
Respondents are asked to nominate their lead providers by region and by transactional currency. In the lead categories, each voter’s nominated top bank was awarded four points, second place three points, and third place two points. These scores are then totalled for each bank to give a final score. Service category rankings: Tables are calculated by taking the arithmetic mean of the ratings for each individual category out of seven. To qualify in these categories, banks need to receive 5% of the total individual vote count in that category. Respondents can respond more than once, but only for separate countries or regions where they have cash management operations. If more than one vote is received for an individual country or region from the same company, then where possible the respondents will be contacted and their votes aggregated into one response. If this is not possible then the most senior person’s response will be counted. This year we received 30,694 replies to the survey in total. Of these, 24,442 valid responses went into the results after data verification and validation – an increase of 18% on the previous year. 20,938 valid non-financial institutions and 3,484 financial institutions responded. The main reasons for deletion were insufficient contact details, multiple responses from the same firm, self-voting, lack of confirmation from the respondent of their identity and irregularities in the data given.
Please direct all comments and questions to Tim Moxon, head of research, at tmoxon@euromoneyplc.com |
