Overview
Promontory Interfinancial Network was founded by leading figures in the banking industry to provide
financial institutions with profit-enhancing solutions. Promontory’s founders
– Eugene Ludwig,
Alan Blinder, Mark Jacobsen,
and Alfred Moses – envisioned a network, composed of
thousands of financial institutions, whose “synthetic size” would help each member institution to compete
more efficiently. Today, the Promontory Network includes thousands of members nationwide.
Members use Promontory’s services – Bank AssetpointSM, CDARS®,
ICS®, IND®, and Yankee SweepSM
– to facilitate the purchase or sale of bank assets, acquire and retain large-dollar customer relationships, purchase funding, manage liquidity, and reduce collateralization costs.
Headquartered in greater Washington, DC, and with sales representatives across the country, Promontory has a Board and
a management team that include leading banking experts from the most
senior levels of policymaking and practice. Together, they bring a remarkable depth of experience and marketplace
knowledge to Promontory and the solutions it develops for customers.
For more information about Promontory Interfinancial Network, please contact us at (866) 776-6426 (toll-free).