Corporate and commercial clients can now utilize CashPro® Invest to enter orders and obtain information and reporting for U.S. dollar denominated money-market mutual funds and other short-term investment products. Clients also have access to extensive research available on money-market mutual funds.
CashPro Invest is integrated with CashPro® Online, the bank's treasury management portal, so clients have a one portal solution using a single sign-on to navigate to virtually all of their treasury, credit and investment applications. New short-term liquidity products available through CashPro Invest include Bank of America, N.A. certificates of deposit, repurchase agreements and federal funds, among others. U.S. dollar denominated money-market mutual funds. These are offered through Merrill Lynch, Pierce, Fenner Smith Incorporated.
CashPro Invest will eventually replace two existing Bank of America Merrill Lynch online investment applications, Connection and MoneyMarkets Express.
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