DENVER, October 3rd, 2008–Cachematrix, the leading provider of institutional money market fund trading technology to banks and financial institutions, announced today that it will be posting updated information from money market fund managers regarding immediate market events on all Cachematrix-powered portals. Included will be information related to the fund complexes’ participation in Treasury Department’s recently announced Temporary Guarantee Program for Money Market Funds.
Amid the uncertainties in the financial markets and questions around the new Treasury Guarantee Program, the need for fund families to communicate with investors as quickly and efficiently as possible is unprecedented. Cachematrix is working with its fund partners and bank clients to serve as a conduit in disseminating the most up-to-date information to the hundreds of Fortune 1000 companies trading through Cachematrix portal technology.
“Wedeployed this technologyas a way to helpour mutual fund partners and the banks providing access to their funds,” said Pete Young, Cachematrix Managing Director.“We’re in a unique position todisseminate critical information to the thousands of corporations investing in these money funds in a quick and easy way."
This fund information will be posted under a Fund News and Treasury Guarantee Program tab, as another critical element of Cachematrix’s already extensive Fund Research Library, which also includes latest portfolio holdings.
About Cachematrix Holdings, LLC
Cachematrix is the leading financial software provider (SaaS) of on-line institutional trading systems for banks and
financial institutions worldwide, providing turnkey solutions for money market portal technology, as well as fixed income
and variable NAV trading systems. Cachematrix enables banks and other financial services firms to offer its corporate
clients on-line access to a choice of institutional funds and a convenient, single source platform for managing them,
including access to comprehensive analysis, online trading, and account management.
