"CacheMatrix Adds Customizable Compliance"

Feb 15 08

"CacheMatrix Adds Customizable Compliance" says company press release. The company, which builds online money market trading portals and systems, says its new checks and features module includes: maximum dollar amounts per fund, maximum percentages of funds owned, trade blocking, and audit trails. "One reason so many banks and financial institutions have turned to CacheMatrix is to help their corporate customers streamline the regulatory and reporting requirements of Sarbanes Oxley," said Jim Etten of CacheMatrix. "Having this module in place will strengthen a corporation's compliance with SOX by providing an automated way to track and audit compliance to their investment policy."

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