SunGard’s Short-Term Cash Management Portal Surpasses $100 Billion in Total Money Fund Assets

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The SunGard Global Network (SGN) Short-Term Cash Management portal surpassed $100 billion in total money market fund assets*.

The SunGard Global Network (SGN) Short-Term Cash Management portal surpassed $100 billion in total money market fund assets*. The SGN Short-Term Cash Management portal is a global compliance, trading and connectivity solution for institutional cash investors. The solution is a multi-fund trading platform that helps corporate treasurers increase efficiency in researching, analyzing and gathering other relevant information and provides the ability to optimize short-term investments.

The use of online money fund trading portals continues to run counter to the current trend of institutional money market asset declines. The Investment Company Institute’s 2011 Investment Company Fact Book reports that nonfinancial businesses held 25% of their cash in money market funds as of year-end 2010, although this is down from 30% at year-end 2009. According to the Association for Financial Professionals’ 2010 Liquidity Survey, 21% of organizations use an electronic, multi-family trading portal to execute at least some of their short-term investment transactions, and organizations using trading portals execute an average of 73% of their money market mutual fund transactions through the trading portal.

Bob Ward, chief operating officer of SunGard’s wealth management business, said, “The increasing asset volumes traded on the SGN Short-Term Cash Management portal suggest it is meeting the growing demand for integrated, electronic trading platforms to help global treasury and investment professionals manage risk, improve operational efficiencies and satisfy auditor requests. Offering the transparency of a fully disclosed, direct model and an international network with multiple currencies, the portal helps meet these requirements in one centralized, automated source to buy and sell shares in institutional money market funds.”

About the SunGard Global Network
A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equity, fixed income securities, listed derivatives, mutual funds, money market funds and other cash equivalents. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing. It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including more than 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.

About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit http://www.sungard.com.

  • Short-term cash management assets or securities are not held by SunGard.

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 Services 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 Services Authority under UK laws, which differ from Australian laws.

Trademark Information: SunGard, the SunGard logo and the SunGard Global Network 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.

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Adriana Senior
SunGard
718-578-1130
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