TITLE

SunGard, IPFS Launch First CD Execution Tool

AUTHOR(S)
Conrad, Lee
PUB. DATE
May 2004
SOURCE
Bank Technology News;May2004, Vol. 17 Issue 5, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the joint efforts of technology vendor SunGard and consultancy firm Index Powered Financial Services in the development of the Electronic Transaction Network, a certificate of deposit (CD) execution tool. Description of the network as the first automated execution and settlement platform for CD transactions; Ability of investors to peruse CD rates from around the U.S.; Development of a wider net for potential CD depositors in retail and institutional markets.
ACCESSION #
13122588

 

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