Hinsdale, Illinois, October 10, 2005 â SunGard today announced the release of its next generation SunGard Transaction Network investment portal, STN Money Markets. Enhancements include automated compliance tools to help corporate treasury customers meet corporate and regulatory requirements, plus a range of performance research and analytical tools to help them make better business decisions regarding their investments.
STN Money Markets enables corporate treasurers to trade more than 150 money market funds through a single connection, while helping accounting and audit teams to seamlessly track and report on outstanding holdings. In addition to robust reporting capabilities, STN has also added a number of features to help customers meet Sarbanes Oxley requirements and their internal investment policies. These include improved user entitlements, flexibility in configuring compliance rules at both the portfolio and corporate levels, and the ability to automatically calculate fund ownership positions on a daily basis
The new release of STNâs money market portal also offers dynamic fund performance research tools and expanded analytical data â such as performance details by user-defined fields and comparisons of portfolio performance against all fundsâ performance â to help customers make more informed investment decisions. The ability to customize trading and research screens will also help improve operational efficiencies.
Tom Nelson, vice president and STN product manager, said, "This new release of the STN Money Markets portal will help our customers to increase automation and to trade more efficiently, while helping meet corporate and regulatory compliance requirements. By offering access to a wider group of investment options and simplifying daily processing requirements, STN helps customers to increase operational efficiencies, reduce costs and mitigate trade-related risk."