Cachematrix™ by BlackRock: Optimized Investment Options
Today’s corporate treasurer needs tools to help their teams achieve more with less. Too often, many treasury application remain disconnected and disjointed, leaving treasury investment workflow dependent upon manual efforts. Kyriba and BlackRock are now integrated to expand the options available for investing quickly and with confidence.
Introducing Cachematrix™️ by BlackRock available for Kyriba users, which combines the treasury management and strategic capabilities of Kyriba’s treasury management system with the resources of Cachematrix’s robust technology-powered investment platform. Together, these two powerful systems seek to bring convenience, accuracy and efficiency for short-term investing that today’s treasurers need.
Benefits of a Digitized Workflow
Leveraging the Kyriba Cloud, Cachematrix by BlackRock seeks to provide the industry’s first single sign-on solution that helps automate, streamline and reduce risks associated with short-term corporate money market investment workflow. Cachematrix by BlackRock is designed to provide cash investment opportunities and increase operational efficiencies for direct investment into a variety of money market funds.
Simplified investment processes
Seeks to enhance the user experience by simplifying the trade flow through a suite of investment functionality, including:
• Access to a breadth of money market funds
• The ability to place individual or batch trade orders
Mitigated operational risk
Data automatically synced between systems helps reduce risk of manual or user error. User permissioning tools provide additional operational oversight.
Visibility and reporting
Kyriba users are already provided real-time visibility and reporting of their cash portfolio and global cash positions. This new integrated solution also allows for the synchronization of trade order data with money market fund positions for accounting purposes.
Expanded research and analysis capabilities
Cachematrix by BlackRock offers Kyriba users access to Cachematrix’s powerful and dynamic research and analysis capabilities for detailed assessment of MMF holdings.
Single sign-on access
Kyriba users will utilize the Kyriba single sign-on process for enhanced security, automation, and a consistent user experience.
Identify Excess Cash Available for Investment
Kyriba’s cash management module calculates the projected ending balance for each account, net of zero balance account (ZBA) and sweep activity.
Enter the Cachematrix by BlackRock Platform
Click on the Cachematrix by BlackRock tile from within the menu map and you will leave Kyriba and enter Cachematrix by BlackRock. Once inside Cachematrix by BlackRock, your money market funds are automatically updated and viewable in your Dashboard.
Single sign-on access
Using Fund Comparison, Fund Analysis and Portfolio Builder, users can identify investment opportunities that suit their unique preferences, risk tolerances and parameters.
Select Investments and Submit Trade Orders
User-dictated permissioning will determine trader risk controls. Direct connectivity to fund transfer agents and administrators make this effort seamless.
Review Cash Portfolio Balances
After trades are confirmed, all money market investments made on Cachematrix by BlackRock are fully integrated into Kyriba to help ensure users have complete visibility of their cash and liquidity positions inclusive of money market investments traded through the platform.