A press release entitled, "ICD Enhances Transparency Plus Money Market Fund Exposure Application to Highlight 'Regional Risk Exposure' for Corporate Treasurers" says, "Institutional Cash Distributors (ICD), the world's largest independent money market fund portal, today announced the release of Transparency Plus 2.0, the latest version of ICD's advanced money market exposure analytics application. Driven by corporate treasurers' demand for a more comprehensive, geographical view of risk exposure in their portfolios, the major enhancements to version 2.0 are engineered to uncover global credit exposure identified by country, in a fraction of the time previously taken to generate such data." The release quotes Neil King, Group Treasurer for Carphone Warehouse Group and Best BuyEurope, comments, "With all the turmoil in the world, we recognized the need to better manage our global headline risk. The ICD team answered that need with their country exposure enhancement for Transparency Plus. The ability to understand our exposure to specific countries is extremely timely and fits seamlessly with ICD's other exposure analytics."
