THE PROVEN PLATFORM HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

Transcription

1 THE PROVEN PLATFORM HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

2 $500 Billion of Institutional Liquidity Is Traded Through Portals. Liquidity portals provide financial institutions with new revenue streams and cross-selling opportunities, as well as money-saving efficiencies through streamlined processes. For their customers, liquidity portals provide more control and transparency over assets, easier regulatory compliance and a more efficient process. And with a steady increase in portal adoption since 2006, the question has changed from if a corporation should invest through an online portal to which online portal provider it should choose. Cachematrix is the world s leading liquidity portal provider. As providers of the world s leading liquidity portal technology, we hope to share our experience and offer a few tips on how to evaluate portal technology providers. In addition, we ll explain our offer and how it differs from other options you may be considering. In the end, we hope this brochure makes the process a little easier for you and enables you to make a more informed decision. P.2 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

3 Attract and Maintain Institutional Clients. Approximately 50% of corporations with over $1 billion in cash use portals and run an average of 80% of their holdings through them. And the reason is clear. Customized Web-based trading systems allow you to offer a menu of top institutional liquidity instruments to your direct client base. You provide your clients with a fully automated liquidity investing option, with detailed analytics available with a few clicks of the mouse, and with yet another reason to interact with your brand. However, to attract new clients and satisfy the ones you already work with, the trading portal needs to provide robust, yet easy-to-use, online trade flow as well as flexible reporting and comprehensive fund information. Create significant new revenue streams. In exchange for aggregating trades and providing record-keeping and omnibus settlement of funds, fund companies will pay a service fee to the liquidity portal providers. And with only about 15% of the $3 trillion money market fund space currently trading through portal technology, this market has excellent growth potential. Case Study This dual case study from Treasury Strategies examines the benefits that online trading platforms have provided to both PNC and SVB Securities. P.3 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

4 Why Our Customers Choose Cachematrix. I hope this brochure will help facilitate your selection process for a liquidity portal provider. As CEO, I m always interested in hearing how our new clients come to choose Cachematrix over other options. The top three reasons I hear are: Our technology is proven in the market. Our approach is tailored to exactly fit their needs. Our SaaS model means less time-to-market and fewer internal resources needed. When I ask some of our long-term clients why they stay with us, they add one more item to the list: our company is set up to provide extremely individualized service. There are dozens of other reasons to add to the list, but I believe these items reflect the priorities of those who feel Cachematrix is the right solution for them. If you share these priorities, then perhaps Cachematrix is the right choice for you as well. George Hagerman Chief Executive Officer The Five Questions You Need to Ask Every Vendor. Choosing the right portal provider can be a daunting task. But it doesn t have to be. When reviewing liquidity portal providers, asking some simple questions can give you the information you need to make an informed decision. Download The Five Questions You Need to Ask Every Vendor George Hagerman Chief Executive Officer P.4 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

5 OVERVIEW The Proven Platform. When choosing a portal technology provider, experience and dependability are two important attributes. You want to ensure a system has been utilized in real-world situations and has a history of reliability. Cachematrix is the world s number one provider of custom online trading systems for banks and financial institutions. In fact, our proprietary technology powers the liquidity platforms for 40% of the top 10 banks in the world, allowing them to provide their corporate clients with real-time trading, research and customizable reporting through one secure Web-based site. Cachematrix is the world s number one provider of custom online trading systems for banks and financial institutions. Moreover, Cachematrix not only builds custom, intuitive and branded front-end systems for your clients to use, but also provides you with a back-office solution that integrates with your internal sub-accounting system or bank custodian. Our technology and unique approach provide you with: Accelerated development times Greater flexibility of presentation and accessibility Elimination of hidden infrastructure and operating costs Ease of maintenance and upgrade P.5 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

6 OUR DIFFERENCE The Premier Software as a Service (SaaS) Firm in the Liquidity Industry. Cachematrix s solution isn t a system you need to install on your network. Instead, we employ a more efficient software as a service (SaaS) approach a model of software delivery whereby we provide custom software solutions, via the Internet, to customers like you. This provides you with a number of operational benefits, including: We customize your portal to your specifications and brand We handle all software upgrades We handle all infrastructure and maintenance We won t compete with you. Unlike other companies that simply white label their portal technology to financial institutions, while offering their own brand to corporate clients, we do not sell directly to corporations. Our strength lies in helping financial institutions like yours succeed not in calling on your corporate customers and competing against you. How SaaS Works A system built for financial institutions by financial professionals. Cachematrix s management team has over 50 years of collective experience in the liquidity management industry. We understand the industry and how a trading system should operate. 1. Customer A logs on to your liquidity portal. 2. Instead of accessing the portal on their hardrive, they access the program via the internet. Customer Bank A Internet 3. We use a variety of firewalls as well as SSL3 encryption to keep client data secure. Firewall P.6 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF 4. Cachematrix handles all upgrades, compliancy issues, and maintenance of your liquidity portal. Bank A Portal

7 CUSTOMIZABLE FUNCTIONALITY The Customized Tools Your Clients Need to Succeed. Cachematrix can build a trading platform that provides you with complete control and customizable functionality. Custom analytics and systematic reporting tools. With Cachematrix, you can provide your clients with a customized trading and reporting tool that contains a comprehensive breakdown of their portfolio s accounts, including detailed focus on balances, yields, factors and interest at both the account and position levels. Downloadable to MS Excel spreadsheets, our customizable reporting methods provide your clients with critical information such as: An accrued interest summary for each position by account A daily and historical interest detail report that provides a breakdown of daily and historical accrued interest and factors for each position within an account Average yield report that shows minimum, maximum and average yields for each position within an account A detailed look at the current day s transactions, including purchases, redemptions and wire status Dual Trade Authorization. Controlled by your clients, our dual authorization feature allows clients to: Quickly and easily distinguish which accounts need dual authorization Maintain control over system trades Notify authorized personnel quickly of trade status Create comprehensive reports for auditors Dual Authorization Report P.7 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

8 PORTFOLIO HOLDINGS SEARCH Portfolio Holdings Search Transparency Cachematrix offers a feature subscription allowing users to search underlying holdings for all instruments the user has access to on their Portal. Users can search the database by the full or partial name of any holding. Users are presented with a list of instruments that match their query and relevant data about those positions and details such as: Balance of any instrument that holds the security Total weighted percentage of assets in the searched holding Access to prospectus, facts sheets and annual reports Holdings This subscription feature also provides an interactive holdings list. Users can call up the most current, complete holding list provided by the instrument. This list allows the user to research and sort all of their fund holdings in one easy to use report. Their weighted balance held within of the underlying holding is made available directly in the report eliminating the need to key holding data and allocation percentages into separate homegrown tracking spread-sheets. Data can be downloaded directly from the page if further analysis is required by the user. Up to date status on all trades Research and sort all holdings P.8 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

9 COMPLIANCE Always Stay Compliant. Our compliance module is easily customized, providing your clients with complete control over what rules are established, which accounts these rules apply to, and whether these rules will alert the trader or completely block a trade. It was specifically designed to provide your clients with an automated way to comply with their internal investment policy, as well as address the regulatory and reporting requirements of state and federal law. Easily maintain electronic control over internal and regulatory compliance rules. With our easy-to-use compliance feature, your clients will be able to: Easily maintain complete control over internal and regulatory compliance rules Develop flexible violation messages when a trader steps outside the bounds of compliance Limit the maximum dollar amount traded or limit the maximum percentage of a instrument s assets that can be owned A complete audit trail. Each instance of an alert message or blocked trade can be easily accessed at any time directly from the trading portal, providing a complete audit trail for regulators. Clients can even search historical violations by account and/or instrument within a specific time frame. P.9 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

10 ATLAS Atlas Atlas provides institutional investors with much needed visibility into the world of liquidity holdings. Atlas gives the institutional investor and portal user a powerful yet easy to use interface. The Atlas dashboard consists of critical data points representing the users largest exposures by holding, country, category, issuer and maturity distribution. Drilldown into holdings data Detailed visualizations of holdings data P.10 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

11 ATLAS Atlas Predictive Search When typing search terms into the search box, the application will begin to suggest likely search terms that match what has been typed. Search Filters This allows the users to narrowly define exactly what holdings they would like to search for. Grouping Results and Exposures Users can group together holdings by key data types and reveal their total exposure summarized by the group. Evaluate Potential Risk Factors View your portfolios percent of exposure to various holdings data. Predictive search Personalized grouping P.11 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

12 LIQUIDITY PORTALS Customizable, Comprehensive and Ready to Implement When You Are. Cachematrix provides a turnkey solution for your liquidity portal needs. Our team will build a custom, front-end system for you, adhering to all your organization s specific requirements, as well as to its brand guidelines. And our back office solution will ensure all transactions and information integrate seamlessly into your internal and custodial systems. Everything you need in a portal application. State-of-the-art security Industry-leading availability Unsurpassed data integrity Integration expertise for legacy and Web-based systems, as well as Treasury workstations Middle-office functionality. Our innovative software solution allows authorized bank personnel to place trades directly on your portal on behalf of your corporate clients, thus mitigating risk and increasing the productivity of your operations personnel. Batch trading. Trade more efficiently by grouping, or batching, orders together before they are submitted for execution. Our White Label option. For institutions that either do not have the resources to clear and settle trades or would rather outsource that responsibility, one of our global custodial bank partners will provide all back office solutions, record-keeping and trade settlements. P.12 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

13 FIXED INCOME TRADING Expand Investment Options for Your Clients. With the ability to integrate with inventory systems such as TradeWeb, Bloomberg, and MarketAxcess, our CacheFI product gives your clients the opportunity to trade seamlessly between your liquidity portal and fixed income systems. We also support a variety of fixed-income products, including: Commercial paper Treasury instruments Repurchase agreements Domestic and Euro Time Deposits CDs CacheFI has the functionality you want. Automatically settle trades in bank and client brokerage accounts Up to date status on all trades Manage default commission amounts and markup rates based on scalable investment lengths Confirm all trade activity and settlements with CacheFI Daily Trade Blotter Easily create cancellation reports, commission reports, or customized reports based on a date range and status P.13 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

14 CACHESWEEP Cachematrix Sweep Solutions Cachematrix has architected a flexible, multi-phased approach for banks to automate and enhance their sweep processing functionality. Cachematrix Sweep Solutions provides banks with automated or self-directed sweep functionality into MMFs, Bank Products or other investment vehicles. Cachematrix delivers a web-based user interface where clients can establish and maintain all of the sweep settings for their account real-time. By pushing the sweep setup and configuration to a web-based client selfservice model, banks are able to lower their operational costs associated with establishing and maintaining sweep options. Cachematrix Sweep Solutions can help leverage client profitability tiers and relationship status to automatically customize the client s investment options. The Cachematrix Atlas module can be integrated into the sweep selection process to allow clients the ability to research various country and underlying multi-currency fund holdings exposure before selecting a sweep investment. Automated sweep functionality Self-Service model P.14 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

15 DIRECT TRADING Invest Direct with Funds Cachematrix now provides banks and financial institutions the ability to offer fullydisclosed trading directly with fund companies. Direct Trading Portal Features: Allow your bank s corporate clients to trade fully disclosed with the top institutional funds via your customized bank branded portal Eliminate corporate treasurers perceived risk of omnibus settlement Speed to market. No operational set up necessary on the banks behalf. Treasurers settle directly with funds Cachematrix will deliver a custom, intuitive and branded front-end system for your clients to use First of its kind truly direct trading model, accounts established in corporations name, not FBO Fully disclosed trading Corporations wire funds directly to the fund families Utilize industry leading portal technology to provide your clients fully disclosed trading Provide an additional product/service for your corporate clients while establishing a new revenue stream for the bank Atlas best of breed money fund holdings transparency analytics module Direct monthly statements from the fund families P.15 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

16 RKS PLATFORM RKS Platform Complete Core Recordkeeping Solution The Cachematrix RKS recordkeeping platform provides a complete core sub-accounting system for banks. Our customized Software-as-a-Service application provides state-of-the-art functionality without all of the excessive overhead associated with other sub-accounting systems. Catered to Institutional Money Market Needs Traditionally, recordkeeping platforms evolve from legacy retail-based platforms, or cater to either core bank products or equity mutual funds. Cachematrix has developed a unique solution that caters specifically to the clientele we service with our Cachematrix liquidity portal technology. Our solution allows banks of all sizes to provide a complete liquidity solution for institutional investors. Self-directed or Sweeps RKS is the ideal solution for banks who are looking to offer a multitude of money market fund or bank product offerings for their institutional sweep clients. Regardless of the model, RKS is the only industry solution targeted for the unique liquidity system needs for our bank partners. Advanced Technology RKS has been developed with the latest tools to deliver the most reliable, secure and flexible recordkeeping system for our clients. P.16 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

17 MbOX MbOX Trade and Account Transparency MbOX is the only web-based trade and account transparency source for money fund families who offer their funds via portals. MbOX provides money fund managers with real-time transparency into their underlying money market fund trading activity and accounts, as well as running totals of net cash flows coming through each money market portal on which they participate. Transparency into omnibus trading and disclosure of client accounts within those omnibus positions is paramount to the industry. At the same time, there are huge operational efficiencies that omnibus trading provides for the fund companies. MbOX provides the best of both worlds: Fund Families keep the operational efficiencies of omnibus trading with the transparency of full disclosure. Why Portfolio Managers, Traders, and Sale Executives of the top money funds are tuning into MbOX: MbOX sees daily cash flows between $2-3 billion on average. It is critical for Fund Managers to get this information in real time in order to better manager their portfolio and mitigate redemption risk. Running totals of cash flow MbOX is the only way for the Funds to get real time transparency into their portal accounts thus helping them comply with the SEC s Know Your Investor Policy. Amounts with details of every transaction P.17 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

18 The #1 Liquidity Portal Provider in the World. Cachematrix has the largest install base of any liquidity portal technology provider in the world. In fact, more financial institutions use the Cachematrix platform than any other liquidity trading platform. Here are the facts about Cachematrix: Cachematrix technology powers 40% of the top ten global banks The only software as a service (SaaS) firm in the $3 trillion money fund space Over $5 trillion traded through Cachematrix software Industry leading uptime and availability More financial institutions use the Cachematrix platform than any other liquidity trading platform. Technology informed by decades of financial experience. Cachematrix s management team has over 50 years of collective liquidity experience. We understand the financial services industry intimately and know how a trading system should operate. Combined with our software and systems development experience, Cachematrix brings an unprecedented level of expertise to every client relationship. Download our whitepaper: Money Market Funds: The Impact of the Financial Crisis P.18 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

19 We Are Here to Help. We know that understanding how to implement the best liquidity portal solution for your financial institution can be challenging. Therefore, we want to help in any way we can. That s why we ve compiled a list of resources to help you make the most informed decision possible. We hope you find them useful. Ask an Expert We understand this brochure might not have answered all your questions (or maybe it raised new ones). So feel free to contact us with any questions or concerns you have about developing your liquidity portal. Click here to contact us. Articles and whitepapers. Money Market Funds: The Impact of the Financial Crisis by Cachematrix Web Based Trading Platforms: Improving Efficiency and Control for Users by TreasuryStrategies.com Web sites and blogs. Crane Data ( A Web site with comprehensive information on the money fund marketplace from the publishers of Money Fund Intelligence. imoneynet ( From the publisher of the Money Fund Report, this Web site provides money fund information for both domestic and international money funds. Tools you can use. The Five Questions You Need to Ask Every Vendor Featured Whitepapers How Banks Are Attracting and Retaining Business Clients With Institutional Money Money Market Funds: The Impact of the Financial Crisis Treasury Strategies Case Study Highlights Benefits of Web-Based Money Market Fund and Fixed P.19 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF

20 How Can We Help You? Cachematrix s technology is helping many of the largest institutions in the world create new revenue streams, retain current customers and attract new institutional clients. We d like to do the same for you. Contact us today and see how we can get the business of money moving for your financial institution. First and Last Name Company Address Phone - - Comments peter.young@cachematrix.com Phone x 102 U.S. Office 44 Cook Street 8th Floor Denver, CO SUBMIT P.20 CACHEMATRIX HOW THE BUSINESS OF MONEY GETS MOVING INTERACTIVE PDF