Last updated on April 24, 2014 at 1:21 EDT

ICD’s 2013 Corporate Treasury Investment Guide Identifies Key Post-TAG Alternatives

December 20, 2012

SAN FRANCISCO, Dec. 20, 2012 /PRNewswire/ — Institutional Cash Distributors (ICD) announced today the publication of its 2013 Corporate Treasury Investment Guide, a timely alternative institutional investments listing with accompanying capital preservation, liquidity and yield attributes. It is estimated that as much as $1.6 trillion in corporate cash moved to banks after a temporary emergency government provision – known as the Transaction Account Guarantee (TAG) program – was implemented providing unlimited FDIC insurance for non-interest bearing bank accounts. That program will end on December 31, 2012.

At October’s 2012 AFP Annual Conference in Miami, standing-room-only corporate treasury crowds overwhelmed the TAG Expiration sessions as corporate treasurers sought information and direction on institutional investment options. Further evidence of the importance of this issue was the November 30(th )Treasury & Risk feature story, Unlimited FDIC Coverage Could Be Extended, was one of its Top 10 most read articles in 2012.

In response ICD developed the 2013 Corporate Treasury Investment Guide, which summarizes various available investment options in the market and analyzes them based on preservation of capital, liquidity and yield in today’s global economic environment.

Sebastian Ramos, ICD’s Senior Vice President, Head of Global Trading said, “Many of our corporate treasury clients have asked for guidance regarding alternative investments to bank deposits. In response, we created our guide listing relevant investment options featuring capital preservation, liquidity and yield attributes to help corporate practitioners in designing a post-TAG asset allocation plan that matches their investment objectives and risk tolerance.” Ramos added, “Once an allocation strategy has been developed, investments can be further evaluated on an individual and comprehensive basis, through an exposure analytics process, to understand the portfolio’s aggregated counterparty, country and sector risks.”

Given the expected investment inflows due to the termination of FDIC unlimited insurance, expected year-end seasonal factors, and a declining supply of money-market instruments, those planning to invest in money market funds – especially US Treasury and Government funds – should do so well in advance of December 31, 2012.

About ICD: ICD is the world’s leading institutional investment and risk management company. ICD’s next-generation Software-as-a-Service portal, best practices methodologies and award-winning Transparency Plus® exposure analytics, support corporate treasury with end-to-end solutions. The ICD Global Trade Desk(TM) provides expert service out of San Francisco and London. ICD develops its own proprietary technologies through Institutional Cash Distributors Technology LLC in Golden, Colorado. Institutional Cash Distributors LLC is a FINRA/SIPC member. Institutional Cash Distributors Ltd is authorized and regulated by the Financial Services Authority in the United Kingdom and the Dubai Financial Services Authority in the Middle East. For more information, visit http://icdportal.com or email info@icdportal.com.

Debby Barri
Public Relations Director
424.206.2402 — debby.barri@icdportal.com

SOURCE Institutional Cash Distributors

Source: PR Newswire