"Matrix Expands Money Market Portal Services", says a company press release. Matrix Settlement & Clearance Services, LLC (Matrix), a "Matrix Financial Solutions affiliate" has partnered with "provider of money-market mutual fund information and analysis" iMoneyNet in an "expansion of its Money Market Portal product, Money Fund Monitor, according to Matrix. "The money fund marketplace has changed and it is more important than ever before to have access to information when selecting money funds. Not only are institutions facing increasing pressure to find the best yields, but the need to understand the management and composition of a money fund portfolio and perform some level of due-diligence is increasingly important," says Michael Rice, program manager for the Matrix Money Market Portal. See also, WSJ's "Assets in Money-Market Funds Fall" and Reuters' "US commercial paper resilient after State St loss".

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