Cachematrix's CacheSweep wins "Emerging Technology Solution" in Treasury Management International's 2017 Awards

Denver, CO - Februrary 7, 2018 - Cachematrix's CacheSweep technology has been awarded the 2017 Emerging Technology Solution Award by Treasury Management International (TMI). Our achievements were recognized in a special feature issue of TMI Magazine released earlier this month.

Established over a decade ago, the TMI Awards for Innovation & Excellence recognize companies in the financial industry who are driving best practices and innovation in treasury management globally. Each award entry is judged by a panel of industry experts.

"We are honored to have Cachematrix's CacheSweep technology recognized by TMI," said David Agostine, CEO of Cachematrix. "We believe this award is truly a testimony to Cachematrix's culture of innovation and demonstrates our ability to stay ahead of the needs of the continuously changing financial market environment."

CacheSweep was developed after witnessing an increasing demand by corporate treasurers for powerful and intuitive sweep technology — one that allows the user to manage the entirety of their liquidity portfolio through Cachematrix's unified functionality. This functionality represents a leap forward from the currently manual task of sweeping excess cash into a single instrument. With CacheSweep, clients can control the composition, timing and compliance of their portfolio while building on Cachematrix's robust alerting and analysis functionalities.

The automated and advanced algorithm that powers CacheSweep seeks to reduce operating risks and enhance counterparty risk analysis and due diligence (e.g. use of risk parameters such as fund rating, counterparty limits, etc.) by automatically checking against the investment policy prior to affecting any sweep investment.


For Further Information Contact:

Cristina Alquist
Cachematrix Holdings LLC
303-468-5500 x196
cristina.alquist@cachematrix.com

About Cachematrix Holdings, LLC

Cachematrix is a global financial technology firm that simplifies cash management for leading banks and their corporate clients. We believe our team's expertise in banking, financial technology and asset management drives successful platform integrations, innovative products, and market intelligence for our financial institution partners. Cachematrix is an indirect, wholly owned subsidiary of BlackRock, global leader in investment management, risk management and advisory services for institutional and retail clients. For more information, visit www.cachematrix.com, or follow us on LinkedIn.

About Treasury Management International (TMI)

Treasury Management International (TMI) is a well-respected and independent voice in the treasury world, renowned globally for its sharp editorial focus and breadth of opinion. With real-life experiences from practitioners at the forefront, TMI showcases topical, pragmatic solutions and strategic insights seeking to provide valuable material for all practitioners, from experienced treasurers and CFOs to those new to the profession. For more information, visit www.treasury-management.com, or follow us on LinkedIn.