Investors today demand higher levels of liquidity and credit transparency combined with competitive yields. Money market funds help them actively manage their portfolios while diversifying their counterparty risk. SunGardâs SGN Short-Term Cash Management portal provides access to research, analysis and other information on hundreds of money market funds worldwide to help meet these demands. The portal presents historical data on one platform, along with yield comparisons and filters on ratings, giving cash managers access to their investments and the ability to streamline the entire process.
BofA Global Capital Management is an asset management division of Bank of America Corporation. BofA Global Capital Management entities furnish investment management services and products for institutional and individual investors. This includes taxable and tax-exempt money market funds, multi-currency offshore funds and customized separate account strategies. According to BofA, as of September 30, 2010, the BofA Global Capital Management business had more than $98 billion in assets under management.
Bob Ward, chief operating officer of SunGardâs wealth management business, said, âInstitutional investors come to SunGard for solutions that help them connect to their valued partners, like BofA Global Capital Management, in a fully-disclosed, transparent manner. We are pleased that the BofA Funds are now available via the SunGard Global Network.â