By working with wholesale market broker Tullett Prebon PLC and its specialized Corporate, Institutional & Public Sector Division, the SGN Short-Term Cash Management solution is now providing access to bank deposits and certificates of deposit (CDs) in addition to money market funds (MMFs) through a single trading connection, as well as aggregate risk analysis across all investments.

"In the current low interest rate environment and regulatory uncertainty, corporate treasurers are seeking diversification and alternatives in their short-term investment portfolios, and opportunities to maximize yield and automate manual processes. Expanded product access through the SGN Short-Term Cash Management solution provides treasurers with an automated, multi-asset execution and risk analysis capability through one portal, and we plan to add dealers and asset classes in the future to offer customers more investment options." - Bob Santella, president, SunGard's brokerage business

According to SunGard's third annual corporate cash management study, the most popular investment instruments continue to be bank deposits, used by 74 percent of respondents with an average of 57 percent of cash held in deposits, even as a growing number of companies invest in MMFs with a constant NAV. In addition, the preference for third party, independent portals over proprietary bank portals has increased by 15 percent since 2012 due to the ability to operate smarter by transacting with multiple counterparties through a single channel.

Used by treasury and investment specialists at corporations, hedge funds, public utilities, governments, colleges and universities, the SGN Short-Term Cash Management portal is a global, short-term investment trading and connectivity solution that provides research, analysis, trade submission and reporting capabilities.