Denver, CO (PRWEB) June 16, 2008
In an effort to create more transparency and provide shareholders with up-to-date information, Cachematrix, the leading provider of institutional money market fund trading technology to banks and financial institutions, announced today that it will begin displaying portfolio holdings reports for institutional money market funds available on Cachematrix-powered portals beginning June 16, 2008.
Cachematrix currently powers the money market trading systems for many of the world's largest financial institutions, including four of the top-ten global banks and three of the top-ten investment banks.
Portfolio holdings reports will be provided alongside the existing monthly fact sheets, prospectuses, annual and semi-annual reports, and other critical money fund information that Cachematrix provides users. Portfolio holdings will only be accessible to pre-approved clients, and accessed only through encrypted login and protected password.
Portfolio holdings will be made available to clients through the trading portals after they have been publicly released in accordance with the underlying mutual fund family's Statement of Additional Information (SAI) and/or current prospectus.
About Cachematrix Holdings, LLC:
Cachematrix is the leading financial software provider (SaaS) of online 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 online 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. For more information, visit http://www.cachematrix.com.