Agency Cash Management
Agency Cash Management (ACM)
ACM is an electronic auction-trading platform that enables cash-rich investors to enter into secured money market investments via the tri-party repo mechanism. By providing an alternative to the traditional suite of unsecured money market products, the platform offers access to low-risk cash management investment opportunities.
By bringing a new pool of cash providers to the market, the platform will also benefit banks facing continued pressure to diversify their sources of funding in the face of Basel III.
The platform is built on the same robust technology that facilitates the MTS fixed income market, combining secure investment opportunities with the high levels of transparency offered by electronic trading.
Benefits include:
- Low-risk investment opportunities – improved cash management for buy-side
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New investor base – additional source of funding for sell-side
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Access to wholesale pricing - cash placed via daily cash auctions
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Tri-party agent offering robust settlement engine – segregation of assets and daily margining
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Bespoke auction methodology to ensure best execution
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Best-in-class innovative technology – reliable and proven system
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Improved liquidity in market overall - enhanced opportunities for all
