SunGard has completed its third annual cash management study, which highlights increased use of money market funds and independent portals as companies seek to operate smarter and unlock trapped cash in regulated markets, while finding suitable repositories for large cash balances. Based on responses from more than 160 corporations globally, the study examines corporate treasurers’ changing attitudes toward cash investment over the last 12 months, including strategic cash holdings, asset allocation, investment policies and transaction execution.
Survey participants responded on behalf of treasury centers located in North America (47 percent), Europe (32 percent), the Middle East and North Africa (6 percent), Asia (5 percent), and Africa and Central, Eastern and Southern Europe (10 percent). Key findings of the report include the following:
“Managing risk has become a growing priority from an operational perspective. Companies are increasingly recognizing the advantages of electronic trading, as well as independent price discovery and execution with multiple counterparties through a single channel.” - Vince Tolve, vice president, SunGard’s brokerage business
The SGN Short-Term Cash Management portal is a global, multi-fund trading platform that helps corporate treasurers increase efficiency in researching, analyzing and gathering relevant information to help optimize short-term investment strategies.