NEW YORK, NY – June 18, 2025 - RBC Clear™, a next-generation Cash Management solution delivering seamless experiences for treasurers at large organizations, has been recognized by global research and advisory firm Celent with a 2025 Model Bank award for Reinventing Cash Management.
Celent’s annual Model Bank Awards recognize financial institutions for their outstanding technology initiatives. Nominations undergo a rigorous evaluation process by Celent analysts, who judge submissions on three core criteria:
- demonstrable business benefits of live initiatives
- the degree of innovation relative to the industry; and
- the technology or implementation excellence.
“RBC Clear was shaped by the extensive time we spent talking with treasurers and their teams to define their end-to-end workflows, identify critical pain points, and highlight areas where near real-time insights will enable intelligent decisions,” said Kartik Kaushik, Managing Director and Head of RBC Clear. “Over the course of +150 development conversations with our Client Advisory Council, we emerged with a vision to reimagine Cash Management and are thrilled to see our solution, built from a blank slate on cloud-native, next-gen technologies, help treasury teams manage their working capital.”
Since RBC Clear’s beta launch in 2023 and subsequent official launch in 2024, it has onboarded over 100 clients and a healthy base of deposits. The platform, which allows corporate treasurers to gain traceability and transparency of transaction lifecycles in near real time, offers several unique features, including fast and simplified onboarding, enhanced transparency in payments, payment orchestration and intelligent file processing, and omnichannel servicing to ease day-to-day management.
Learn more about RBC Clear.
