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TreasurySpring and ICD partner to add Fixed-Term Funds to the ICD platform

ICD Partner News from London:

LONDON – 9 May 2022 – TreasurySpring, provider of a light-touch and intuitive digital Fixed-Term Fund (FTF) platform, and ICD, an independent portal provider of money market funds and other short-term investments, have partnered to integrate their technologies, offering treasury teams streamlined access to a broad selection of investment products, daily FTF rates and consolidated reporting.

“We have known the team at ICD for many years and have always admired their client-centric approach to building their business, which very much aligns with our own. We’re delighted to be cementing our relationship and excited to offer the combined power of our tech platforms to treasury teams across sectors and territories,” says Kevin Cook, CEO and Co-founder of TreasurySpring.

As an alternative approach to more familiar short-term cash investments, TreasurySpring offers 300+ products – including those which have sustainable accreditation – in 6 currencies and across 50+ issuers through its FTF platform – all with a single onboarding and no additional infrastructure requirement. TreasurySpring’s FTFs are financial products that offer exposure to debt from a single investment grade issuer, for a fixed term. FTFs can provide access to highly-rated financial institutions, sovereigns, supranationals or corporations.

“TreasurySpring’s expertise, data and line up of FTFs is a great addition to ICD’s broad selection of investment products from across the money markets. We are excited to work with the team at TreasurySpring to help organisations diversify their investment portfolios and optimise their returns,” says Karl Adams, ICD Senior Director.

ICD provides intuitive technology and unbiased access to over 350 money market funds and other short-term investment products through ICD Portal, a model in the industry for research, trading, reporting and analysis, all in one place. With ICD, treasury teams can onboard within days and bring the breadth of the short-term market to their fingertips.

To learn more about the TreasurySpring and ICD partnership, contact Oscar Coyle at ocoyle@treasuryspring.com or Karl Adams at karl.adams@icdportal.com.

TreasurySpring enables its clients to access a unique range of cash investment options in a way that simply didn’t exist before. Searching out the best cash investments on the planet and delivering them through a simple, digital FTF platform. It works with institutions holding large excess cash balances to minimise risk and maximise return on excess liquidity, whilst optimising time in the process. For its issuers, TreasurySpring offers access to a new universe of short-term funding sources, providing options to diversify and reduce financing costs. In a few short years, TreasurySpring has already issued FTFs worth 10’s of billions of dollars to an institutional client-base, including FTSE 100 corporations, IGO’s, fund managers, charities, and family offices.

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