News Brief: SunGard Offers Corporate Treasurers Portfolio Diversity with Asset Class Expansion of its Short-Term Cash Management Solution

Tuesday, December 17, 2013

SunGard has expanded asset class coverage of its SunGard Global Network (SGN) Short-Term Cash Management solution to provide customers with increased investment options, operational efficiencies and risk analysis. By working with wholesale market broker Tullett Prebon PLC and its specialized Corporate, Institutional & Public Sector Division, the SGN Short-Term Cash Management solution is now providing 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. 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.”  – Bob Santella, president, SunGard’s brokerage business

According to SunGard’s third annual corporate cash management study, the most popular investment instruments continue to be bank deposits, used by 74 percent of respondents with an average of 57 percent of cash held in deposits, even as a growing number of companies invest in MMFs with a constant NAV. In addition, the preference for third party, independent portals over proprietary bank portals has increased by 15 percent since 2012 due to the ability to operate smarter by transacting with multiple counterparties through a single channel.

Used by treasury and investment specialists at corporations, hedge funds, public utilities, governments, colleges and universities, 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.

About SunGard Financial Systems
SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.

© SunGard 2013. All rights reserved.
SunGard, the SunGard logo, SunGard Global Network and SGN are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries.  All other trade names are trademarks or registered trademarks of their respective holders.

SunGard's SGN brokerage services offered in the United States and Canada are provided by SunGard Institutional Brokerage Inc., Member FINRA, SIPC.

SGN Brokerage Services offered throughout Europe, the Middle East, Africa and Asia Pacific are provided by SunGard Global Execution Services Limited which is authorised and regulated by the Financial Conduct Authority, No. 469919 • Incorporated and registered in England and Wales No. 3127109 • Registered Office: 25 Canada Square, London E14 5LQ.

SunGard Global Execution Services Limited (ARBN No. 132 508 742) is exempted from licensing under Australia Securities & Investments Commission Class Order 03/1099 and is regulated by the Financial Conduct Authority under UK laws, which differ from Australian laws.


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