SunGard has expanded asset class coverage of its SunGard Global Network (SGN) short-term cash management solution, which the company said will provide customers with increased investment options, operational efficiencies and risk analysis.
The SGN short-term cash management portal is a global, short-term investment trading and connectivity solution that provides research, analysis, trade submission and reporting capabilities. Users include treasury and investment specialists at corporations, hedge funds, public utilities, governments, colleges and universities.
Working with wholesale market broker Tullet Prebon’s corporate, institutional and public sector division, the solution now provides access to bank deposits and certificates of deposit (CDs) in addition to money market funds (MMFs) through a single trading connection, as well as aggregate risk analysis across all investments.
“In the current low interest rate environment and regulatory uncertainty, corporate treasurers are seeking diversification and alternatives in their short-term investment portfolios, and opportunities to maximize yield and automate manual processes,” said Bob Santella, president, SunGard’s brokerage business
“Expanded product access through the SGN short-term cash management solution provides treasurers with an automated, multi-asset execution and risk analysis capability through one portal, and we plan to add dealers and asset classes in the future to offer customers more investment options.”
SunGard’s recently-issued third annual corporate cash management study
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