CacheMatrix Adds Multiple Currency Option to Money Fund Portal.
CacheMatrix Holdings LLC, which
provides the back-end online money market fund "portal" trading technology to a number of banks and financial companies, has added
the ability to trade multiple currencies to its offerings according to a press release. Founder
George Hagerman says, "
Our multi-currency enhancement provides banks with a powerful answer to the demand for a global money fund solution." Bank clients may now "
trade, monitor and manage money market funds of multiple currencies in a single account; sort portfolio summaries by currency denomination; and research funds in aggregated or delineated view by currency."