SunGard Adds Enhanced Cash Asset Class to Money Markets Portal

Lombard, IL - 10 April 2007

SunGard today announced that the SunGard Transaction Network (STN) has added enhanced cash products to its money market portal, providing investors with the ability to trade in the enhanced cash asset class as an alternative to traditional money market funds, commercial paper (CP) and certificates of deposit (CDs).

“Expanding the STN investment portal with the ability to trade enhanced cash products will help investors to take advantage of higher-yielding opportunities,” said Bob Ward, chief operating officer at SunGard’s STN business unit. “By providing our customers with a single view across multiple cash positions, STN Money Markets can help give corporate investors a consolidated portal for their cash management needs.”

Offering the ability to trade enhanced cash products, a growing segment of the fixed income market, provides institutional customers of STN with the option of investing in longer-term, higher-yielding securities through the STN portal. Like money market funds, enhanced cash products provide liquidity and preservation of principal. However, unlike money market funds that typically carry a maturity date between one and 90 days, enhanced cash products may have a portion of their portfolio invested in securities with a maturity date averaging in the six month to one year range. Institutional customers that are willing to invest their assets for a longer period of time may want to use enhanced cash products as a supplement to their daily cash management allocation.

STN Money Markets provides a single connection to help global short-term cash investors, including corporate treasurers, hedge funds and government entities, to compare, analyze, trade and report on enhanced cash, commercial paper and 269 money market funds denominated in multiple currencies. The STN investment portal also helps accounting, compliance and audit teams to monitor trades and track and report on outstanding holdings, at no cost to investors. Through its direct and fully disclosed trading model, STN also helps customers retain their relationships with fund providers. By offering access to a wider group of investment options and simplifying daily processing requirements, STN helps its customers increase operational efficiencies, reduce costs and mitigate trade-related risk.

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