18 October 2017

SunGard delivers single-screen access to short-term instruments

12 November 2003  |  3190 views  |  0 SunGard delivers single-screen access to short-term instruments

SunGard Financial Networks has released a new version of its SunGard Transaction Network (STN) Money Markets service which provides institutional investors with single-screen access to commercial paper, certificates of deposit and money market funds.

Clients previously traded instruments separately via a combination of phone and stand-alone trading systems but will now have access to commercial paper and CD's from more than 80 issuers, plus 100 money market funds from 25 different fund families.

Through STN Money Markets, investors can view offering information and execute trades electronically and access fully integrated balance reporting across all available investment types.

The service enables users to manage multiple sub-accounts from a single login and to create unique login ids with different access levels.

The system also provides centralised account instructions, comparison of real-time rates on a variety of short term investments, the ability to execute and immediate notification of trade status and CUSIP. Full disclosure and transparency also allows investors to continue to get 'relationship credit' when dealing with credit banks for money market funds.

Darlene Coppola, money market trader at National Life Capital Management - which has been using STN Money Markets for three years - says: "The new service presents our traders with a range of issues and instruments in a single window. This makes funding decisions and yield comparisons a snap while significantly streamlining our investing process."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Rabobank rolls out SunGard's Credient MC2

Rabobank rolls out SunGard's Credient MC2

03 November 2003  |  4942 views  |  0 comments
Raft calls off takeover talks; signs new SunGard deal

Raft calls off takeover talks; signs new SunGard deal

28 October 2003  |  4450 views  |  0 comments
SunGard's profit rises in Q3

SunGard's profit rises in Q3

23 October 2003  |  3851 views  |  0 comments
Sampo Bank goes live with SunGard's Global Plus IC

Sampo Bank goes live with SunGard's Global Plus IC

21 October 2003  |  5201 views  |  0 comments
SunGard rounds out Step platform with intelliMatch

SunGard rounds out Step platform with intelliMatch

20 October 2003  |  6530 views  |  0 comments
SunGard to release German version of OmniPlus

SunGard to release German version of OmniPlus

15 October 2003  |  3721 views  |  0 comments
Anglo American standardises treasury ops with SunGard's AvantGard-Quantum

Anglo American standardises treasury ops with SunGard's AvantGard-Quantum

10 October 2003  |  4320 views  |  0 comments
SunGard acquires reconciliation source code rights from CheckFree

SunGard acquires reconciliation source code rights from CheckFree

06 October 2003  |  6023 views  |  0 comments
SunGard joins Swift, launches MessageHub

SunGard joins Swift, launches MessageHub

25 September 2003  |  4031 views  |  0 comments
Schwab Institutional joins SunGard Transaction Network

Schwab Institutional joins SunGard Transaction Network

17 September 2003  |  4000 views  |  0 comments
SunGard hails Phase 3 ASP transaction record

SunGard hails Phase 3 ASP transaction record

16 September 2003  |  6998 views  |  0 comments
PNC licenses SunGard Bancware for balance sheet risk management

PNC licenses SunGard Bancware for balance sheet risk management

12 September 2003  |  4295 views  |  0 comments
Brief: SunGard Treasury appoints Jüngling as regional sales manager

Brief: SunGard Treasury appoints Jüngling as regional sales manager

11 September 2003  |  4069 views  |  0 comments
South Financial moves to Sungard InTrader ASP

South Financial moves to Sungard InTrader ASP

10 September 2003  |  3285 views  |  0 comments
Lotsoff Capital Management selects SunGard's Panorama

Lotsoff Capital Management selects SunGard's Panorama

09 September 2003  |  3554 views  |  0 comments
Bank of Bermuda selects SunGard ASP valuation service

Bank of Bermuda selects SunGard ASP valuation service

05 September 2003  |  3440 views  |  0 comments
KBC Bank selects SunGard for move to SwiftNet Fin

KBC Bank selects SunGard for move to SwiftNet Fin

04 September 2003  |  4806 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.com visit www.fivedegrees.nl

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15477 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8671 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8275 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7738 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6945 views comments | 9 tweets | 17 linkedin

Featured job

Find your next job