Products January 21, 2009

Matrix Expands Money Market Portal Services

Matrix Settlement&Clearance Services, LLC (Matrix), a Matrix Financial Solutions affiliate company, announced an expansion of its Money Market Portal product, Money Fund Monitor.
Reported by

Developed in conjunction with iMoneyNet, a provider of money-market mutual fund information and analysis, Money Fund Monitor is a browser-based source for daily money fund information. According to a press release, highlights of the product include:

  • daily 1, 7, and 30 -day yields, assets, and average maturities
  • daily and weekly top-performing retail and institutional tables
  • weekly market share rankings
  • commentary about industry trends and important events
  • portfolio composition
  • fund fact sheets
  • daily, weekly, and monthly Money Fund Report Averages, a performance benchmarking tool in the world of cash investing.

“The money fund marketplace has changed and it is more important than ever before to have access to information when selecting money funds. Not only are institutions facing increasing pressure to find the best yields, but the need to understand the management and composition of a money fund portfolio and perform some level of due-diligence is increasingly important,” said Michael Rice, program manager for the Matrix Money Market Portal, in the release.

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To request an online demonstration of the Matrix Money Market Portal, contact Michael Rice at 720.956.5450. More information is available at www.matrixfinancialsolutions.com.

Deals & People January 21, 2009

Barry Named for UBS CEFS Sales Post

UBS Corporate Employee Financial Services (CEFS), a provider of equity compensation plan administration and wealth management services, has named Michael F. Barry to the position of executive director, head of Corporate Sales and Service.
Reported by

A news release said Barry brings UBS more than 10 years of equity compensation experience, with his work as an attorney at the Ayco Company LP in employee benefits.

He has also worked in units handling stock plan services at both Fidelity Investments and Smith Barney.

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According to the release from the Weehawken, New Jersey-based company, Barry is the newest member of the management team being formed by Douglas Woodham, Managing Director of CEFS, who was named to this position in May.

The CEFS department of UBS Wealth Management US delivers equity compensation plan services and support for stock options, restricted grant awards, performance grant awards, stock appreciation rights, and employee stock purchase plans.

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