Contact Information: For Further Information Contact: Pete Young Cachematrix Holdings, LLC 303-468-5500x 102 Peter.young@cachematrix.com Morrison Shafroth Communications Strategy Group 303-440-6944 mo.shafroth@csg-pr.com
Cachematrix to Provide Access to Latest Money Fund Information
Technology Provider a Conduit to Up-to-Date Money Market Information, Including Fund Participation in Treasury Guarantee Program
| Source: Cachematrix Holdings, LLC
DENVER, CO--(Marketwire - October 3, 2008) - Cachematrix, the leading provider of
institutional money market fund trading technology to banks and financial
institutions, announced today that it will be posting updated information
from money market fund managers regarding immediate market events on all
Cachematrix-powered portals. Included will be information related to the
fund complexes' participation in the Treasury Department's recently
announced Temporary Guarantee Program for Money Market Funds.
Amid the uncertainties in the financial markets and questions around the
new Treasury Guarantee Program, the need for fund families to communicate
with investors as quickly and efficiently as possible is unprecedented.
Cachematrix is working with its fund partners and bank clients to serve as
a conduit in disseminating the most up-to-date information to the hundreds
of Fortune 1000 companies trading through Cachematrix portal technology.
"We deployed this technology as a way to help our mutual fund partners and
the banks providing access to their funds," said Pete Young, Cachematrix
Managing Director. "We're in a unique position to disseminate critical
information to the thousands of corporations investing in these money funds
in a quick and easy way."
This fund information will be posted under a Fund News and Treasury
Guarantee Program tab, as another critical element of Cachematrix's already
extensive Fund Research Library, which also includes latest portfolio
holdings.
About Cachematrix Holdings, LLC
Cachematrix is the leading financial software provider (SaaS) of online
institutional trading systems for banks and financial institutions
worldwide, providing turnkey solutions for money market portal technology,
as well as fixed income and variable NAV trading systems. Cachematrix
enables banks and other financial services firms to offer its corporate
clients online access to a choice of institutional funds and a convenient,
single-source platform for managing them, including access to comprehensive
analysis, online trading, and account management. For more information,
visit www.cachematrix.com.