Cachematrix Now Provides Banks the Ability to Offer Their Corporate Clients Direct, Fully Disclosed Money Fund Investing
Bank's corporate clients can now Invest Directly with Fund Companies
DENVER, November 13, 2012 -Cachematrix (www.cachematrix.com), the leading provider
of money market fund, bank product trading and sweep technology for banks and financial institutions,
announced today that it has launched the direct to fund trading model that allows
bank corporate clients direct and fully disclosed money fund investing and settlement.
With growing demand by corporate clients for direct fund settlement and fully disclosed accounts
Cachematrix has developed a portal solution that is licensed to banks that gives
them the ability to allow their corporate customers to trade fully disclosed and settle directly with
top institutional funds via a customized, bank branded portal.
Cachematrix's SaaS model allows a bank the ability to capitalize on existing, proven portal
technology and provide a necessary liquidity solution for their clients, while also adding a new
revenue stream for the bank.
Cachematrix will deliver a custom, intuitive, bank branded
front-end system for bank corporate clients to use. Corporate treasurers will settle directly with the
funds, as well as receive direct monthly statements from each fund family in which they invest.
"I realize that there are unresolved questions associated with the traditional omnibus method
of settlement that most money fund portals use," said Cachematrix Founder and CEO, George Hagerman.
"After listening to our bank partners and many of their Fortune 1000 clients I understood this was
an area that needed to be addressed."
Hagerman adds, "Direct settlement functionality complements our existing suite of settlement models and can
be implemented as part of a bank's existing omnibus settlement framework or can be set up
independently for direct settlement only."
About Cachematrix Holdings, LLC
Cachematrix is the leading "software as a service" (SaaS)
provider of institutional money market, fixed income and variable NAV trading systems for banks and
financial institutions worldwide. Cachematrix enables banks and other financial services firms the
ability to offer its corporate clients on-line access to a choice of institutional funds through a
convenient, single source platform for managing assets. For more information, visit