SunGard (STN) Money Markets Adds Enhanced Cash Products to Portal.
SunGard Transaction Network says it has added "
enhanced cash," a "
longer-
term, higher yielding" option, to complement its
money market fund,
commercial paper (
CP), and
certificate of deposit (
CD) online offerings. COO
Bob Ward says, "
Expanding the STN investment portal with the ability to trade enhanced cash products will help investors to take advantage of higher-yielding opportunities. By providing our customers with a single view across multiple cash positions, STN can help give corporate investors a consolidated portal for their cash management needs."