MyTreasury wins Treasury Management International money market fund Dealing Portal 2011 award
24 October 2011
London, 24 October 2011 – ICAP plc (IAP.L), the world’s leading interdealer broker, announced on Monday that its money market fund (MMF) portal MyTreasury was awarded the 2011 Treasury Management International Best MMF Dealing Portal award. This is the fourth consecutive year that MyTreasury has won this award, as voted by the readers of TMI.
TMI is published in association with the European Association of Corporate Treasurers (EACT) and is targeted at the treasury and finance community.
MyTreasury has grown rapidly over the last 12 months and is now used by more than 300 organisations trading on behalf of more than 1,650 different legal entities. Assets invested in funds through the platform now total over $35bn.
MyTreasury is the only MMF portal provider integrated with the fund administrators and as a result is the only provider able to offer fully automated trade execution. Investors using MyTreasury benefit significantly from the MyTreasury/SWIFT automation service which eliminates all manual processing, thereby greatly minimising potential trading errors, failure and other inefficiencies that inevitably occur with manual intervention.
Justin Meadows, Chief Executive of MyTreasury, said “We are delighted to receive this award for the fourth year running and believe that it is recognition of both the high technical quality of our platform and the comprehensive support we provide to all our users. We are now building on our success and have recently added US onshore funds. Term deposits will be accessible via the platform from late Q4 2011.
Justin Meadows CEO, My Treasury +44 (0) 20 7000 5856
Candice Adam Argentus PR +44 (0) 20 7397 2915
About My Treasury
MyTreasury is the leading global electronic trading platform specifically designed to meet the trading needs of treasury investors. It is part of the electronic broking division of ICAP, the world’s leading interdealer broker and supplier of post trade services. MyTreasury was launched initially to European treasury investors but has extended its geographical operations to include Hong Kong, China and Singapore as well as into the US with the addition onshore funds to the platform. http://www.mytreasury.info/
ICAP is the world’s leading interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets and equity derivatives through voice and electronic networks. For more information go to www.icap.com