SunGard selects J.P. Morgan Clearing Corp.for access to centralized custody and settlement capabilit
by Kylene Casanova
SunGard has added centralized custody and settlement services access through J.P. Morgan Clearing Corp. to their Short-Term Cash Management multi-fund cash investment solution.
This combination will provide cash investors with cost savings and operational efficiencies by accessing many fund providers through a single connection, so helping to reduce paperwork and eliminate the need for multiple fund applications, while increasing choices for investing excess capital.
Used by treasury and investment specialists at corporations, hedge funds, public utilities, governments, colleges and universities, SGN Short-Term Cash Management is a global, short-term investment trading and connectivity solution that provides research, analysis, trading and reporting capabilities. In addition to net settlement, SGN provides a fully-disclosed, direct access model that offers additional transparency with individual fund providers.
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