StoneCastle to Hold Cash Webinar
FDIC-insurance "amalgamator" StoneCastle Cash Management is hosting a webinar on "Investment Policy Considerations & Amendments Post MMF Reform" Thursday (10/16) at 3:00pm (EDT). "The question every treasurer seems to be asking is, how will the recent SEC money fund rulings and pending impact of Basel III impact my short term cash strategy? More specifically, what steps should treasurers take now to ensure their Investment Policy Statement (IPS) takes into consideration the new rules while providing flexibility to use other potential vehicles/strategies. Potential topics for discussion include the current state of the market, an update on pending reform and timetable for implementation, implications of new regulations and what they mean for your Investment Policy Statement (IPS), identification of potential, necessary amendments such as how do you account for a variable NAV money fund & how to introduce new cash-management options on your IPS. Ted Howard of iTreasurer will moderate the webinar. Greg Fayvilevich of Fitch Ratings will offer insights from his report, "Why Money Fund Reform will have uneven Impact on Corporations," provide insights on the need for financial professionals to review/update their investment policies, and introduce questions which every financial professional should be asking/discussing in light of recent reforms. Brandon Semilof of StoneCastle will offer insights from financial professionals since announced reforms, what steps are being considered and potential strategies being discussed. Brian Leach of Pimco will offer insights on potential outlook for rates from the minds of PIMCO and introduce potential strategies and approaches for organizations' strategic/longer term cash balances. The Panel discussion will be followed by a live Q&A." Click here to register. In other news, Financial Sciences Corp., issued a press release "New Release of ATOM from Financial Sciences Delivers Enhanced Business Intelligence Tools and Expanded Functionality." It says, "ATOM, Financial Sciences' integrated treasury management system (TMS), brings together all aspects of global treasury operations, financial risk management, governance and compliance into one integrated web-based solution.... This release offers enhanced business intelligence tools for complete visibility into cash and risk by providing a powerful set of management reporting dashboards, including charts, maps and tables with transaction level drilldown."
