NEW YORK: Bank of America Merrill Lynch today announced it has added Notional Pooling to its Global Liquidity Platform. Companies can utilize single and multi-currency notional pooling solutions to reduce capital cost, increase control of working capital and simplify treasury activity.

With the relaunch of Single Currency Notional Pooling and Multicurrency Notional Pooling, BofA Merrill now offers a complete integrated suite of cash concentration solutions through its Global Liquidity Platform, including Interest Optimization, Physical Cash Concentration and Multi Bank Cash Concentration.

The Global Liquidity Platform
The Global Liquidity Platform is a centralized technology hub that enables BofA Merrill to provide consistent, seamless and integrated liquidity solutions to clients around the world. It encompasses operational, liquidity and product-specific components or modules that offer clients robust liquidity concentration products, global account connectivity and enhanced reporting capabilities. BofA Merrill embarked on this multi-million dollar platform in 2009.