Cascade Cash Highly Commended For Product At National Level

Cascade Cash Management Ltd was crowned a winner of the best new savings or investment product award at this year’s prestigious Financial Innovation Awards, hosted by The London Institute of Banking & Finance in London this month.

The company received the nomination for its high level of customer care, return on cash deposits for customers and for its growth over the last year in a tough market. Dr Emma Black, managing director, was delighted to be shortlisted, but to come away with a highly commended accolade was the icing on the cake to what has been a fabulous year for the company.

She said: “The Financial Innovation Awards recognise some of the most innovative companies in the banking and finance sector. To be amongst those celebrated on the night for the second year running was spectacular but then to be spotlighted as a winner as highly commended really has put us in a place to move into 2020 with even bigger plans!”

Cascade Cash Management Ltd is an independent and transparent service created to generate enhanced cash returns and increased protection on deposits through professional cash management. The Cascade team of eleven administer cash savings on behalf of clients and depositors, who can also use the portal to administer their own savings. Partners including IFA’s, solicitors, attorneys, accountants and many more can also selfbrand the product for presentation to their own clients.

Alex Fraser, CEO at The London Institute of Banking & Finance, said: “As technology advances, the finance sector is often in the frontline of change. Organisations like the ones being recognised and celebrated in the Financial Innovation Awards, are vital in driving forward and progressing the future of the sector. “These highly prestigious awards give companies the opportunity to demonstrate their ground-breaking and innovative approaches, which will go on to shape the future of the financial services industry and the value it provides. A huge congratulations to all the winners!”

This year 64 companies were shortlisted for awards in 22 categories covering: products and services; customer experience and delivery channels; responsibility and inclusion; and the future of financial services. 59% of the companies shortlisted were from the UK, while 41% were international including from the UAE, Canada, Bangladesh and Brazil.