Money Fund Madness in March

Why the flood of corporate short-term investments out of prime money funds was borderline irrational—and what corporate treasury teams can learn from it. By Justin Brimfield | May 28, 2020 Although markets have now returned to a relatively normal state, movement in money funds bordered on irrational in March  ...

The Ultimate Short-Term Investment Stress Test

LESSONS FROM COVID-19 Treasurers were finding it hard enough to know where to invest their short-term cash before the pandemic hit. Now, the pressure is even greater. TMI speaks to five industry experts to discover how treasury professionals are responding to the financial impacts of Covid-19. We also ask what treasurers can  ...

Money Markets and the Human-Tech Connection

As investors seek shelter under the wing of money market funds during the current crisis, Tory Hazard, CEO of Institutional Cash Distributors, discusses the relationship between people and the systems that enable them to overcome the toughest obstacles. DOWNLOAD PDF

Money Markets Demonstrate Proof of Life

While money market mutual funds (MMFs) were one of the first casualties of the global financial crisis 12 years ago, they appear to be holding up a little bit better in the current COVID-19-triggered economic uncertainty. For one thing, MTS, part of London Stock Exchange Group, has launched  ...

Five Efficiency Checkpoints for Investment Portals

Companies using a TMS can turbocharge their cash investment process by onboarding with an independent investment portal, which costs the organization nothing but delivers so many benefits. If corporates are only using their banks to trade, they are in for a whole new level of selection and service  ...

Treasury&Risk: MMF Opportunity in Volatile Markets

The impact of FOMC rate reductions on money-market fund yields is delayed compared with the federal funds rate; as a result, some companies are moving assets away from lower-yielding bank products into MMFs. By Sebastian Ramos, EVP Global Trading & Products, ICD The U.S. Federal Reserve cut  ...

TMI Awards 2019: Celebrating the Winners

SPEAKERS Karl Adams, Senior Director, ICD Adrien Dumont, Product Manager, Solution Management, BELLIN Thomas Eberle, CCM Sales - Europe, Deutsche Bank Xavier Gallant, Co-Head of Corporate Rates, FX and Local Markets Sales EMEA, BNP Paribas Philippe Gelis, CEO, Kantox Toshiaki Ichida, General Manager, Treasury, Ocean Network Express Michael Juen,  ...

Crane Data: Federated’​s Cunningham on Coronavirus; ICD Hosts Another ESG Webinar

In other news, online money fund portal ICD recently hosted a webinar, "ESG for Short Term Investing: ESG Data & Decision-​Making," which featured `​ICD Portal'​s Sebastian Ramos, SSGA'​s Will Goldthwait and Fitch Ratings' Alastair Sewell. Ramos explains, "​We'​ve observed with much interest the evolution of ESG investing in the cash space over the last few years. What began  ...

Long-term solution for a short-term problem

Environmental, social and governance issues are arguably the hottest topics in the corporate treasury space. A key area that they affect is short-term investing. We listened in to ICD’s recent webinar to find out what a treasurer needs to know. Treasury Today | February, 2020 A recent webinar by  ...

Crane Data: Fitch Ratings, ICD Host Webinars on ESG Money Funds, Cash Investing

Both fund ratings firm Fitch Ratings and online money fund trading portal Institutional Cash Distributors (​ICD) hosted webinars on ESG, or environmental, social, governance, money funds and cash investing. The former'​s event, "ESG in Money Market Funds," featured Fitch'​s Alastair Sewell and SSGA'​s Will Goldthwait, while the latter'​s, "ESG for Short Term Investing: What Matters Counts," featured Justin Brimfield  ...

Drax Award – Redefining Workflows

Changing the Rules: Redefining MMF Workflows at Drax Turn the clock back to 2018 and manually transferring money market fund trade data between systems was taking up too much of Drax’s treasury team’s valuable time. Fast forward to today and straight-through processing of data has been achieved thanks to an exemplary implementation of  ...

Crane: Corporate Cash Still King at AFP’19 in Boston; MMF Assets Jump Again

Oct 25, 19 Money fund providers and corporate cash managers gathered in Boston earlier this week for AFP 2019, the Association for Financial Professionals' Annual Conference. Perennial topics like safety, liquidity and yield, along with recent market events, were discussed, as well as a new dose of technology, portals and ESG. We briefly quote  ...

TMI: Money Market Fund Makeover Innovation in Short-Term Investments

By Eleanor Hill, Editor The doom-mongering around money market fund regulation has now stopped. Instead, talk has moved on to low interest rates, credit quality, digital investment channels, and the rise of environmental, social and governance investment criteria. Treasurers are also exploring different short-term investment options, such as separately  ...

Treasury Today Adam Smith Awards 2019

July 2019 Cisco hails novel automated solution for unsecured manual settlement processes The Challenge As a treasury technology leader, Cisco was looking to streamline its day-to-day investing processes. The settlement process for money market fund trades required multiple signatures, faxes to the custodian and manual entry of the transaction details.  ...

2018 CIO: Fintech Top 25

December 7, 2018 ICD: Flexible, Efficient and Secure Trading Formed in 2003, ICD was one of the first portal companies to offer investments from a variety of fund companies to corporations and other institutions.  Since then, ICD’s technology has evolved significantly based on market changes and client input. During the  ...

ICD Releases Treasury Options Paper, Announces Parthenon Investment

October 16, 2017 ICD Releases Treasury Options Paper, Announces Parthenon Investment As treasury managers and money market fund providers gather in San Diego for this week'​s AFP conference, online money market trading portal ICD announces the release of a new white paper, as well as an outside investment. Their latest  ...

AFP Exchange – November 2016: Day of Reckoning

October 14, 2016 DAY OF RECKONING Money fund reform is here. Are your portal and TMS up to the task? by Thomas C. Knight, CCM October 14, 2016 was “E-Day” for U.S. corporate treasurers, as it was the effective date for Rule SEC 2a-7. After several years of industry deliberation, additional money market  ...

Brexit Clouds Europe’s MMF Reform Prospects

July 01, 2016 ITREASURER.COM BREXIT CLOUDS EUROPE'S MMF  REFORM PROSPECTS European MMF reform approaches important stage but Brexit adds uncertainty. The European money market fund (MMF) reform effort has made recent strides forward, but the United Kingdom’s June Brexit vote means there’s no time for dilly dallying or risk the initiative  ...

treasuryandrisk.com – Bracing For New Money Fund Rules

June, 2016 TREASURYANDRISK.COM BRACING FOR NEW MONEY FUND RULES by Susan Kelly When prime funds switch to a floating net asset value this fall, many investors are expected to find other places to stow their cash. The approach of the October implementation date for new rules governing institutional prime money market  ...

ITreasurer.com – Navigating the New Treasury Investment Era

May 7, 2016 ITREASURER.COM NAVIGATING THE NEW TREASURY INVESTMENT ERA As the market prepares for upcoming MMF regulations, iTreasurer sat down with ICD’s Jeff Jellison and Sebastian Ramos to discuss their perspective on how these regulations may impact corporate investment. They discuss what steps should be taken ahead of October 2016 to  ...

Corporate Treasurers, Treading Carefully Amid Regulatory Landmines

April 20, 2016 PYMNTS.COM Dodd-Frank and a host of other legislative mandates mean that corporate treasurers need to be aware of a constantly shifting asset management landscape and need to be proactive, according to International Cash Distributors. The world of corporate treasury management has of late had to focus especially hard  ...