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Reliance Trust’s Cash Management Portal
Our Cash Management Portal (CMP) provides corporations and
high-net-worth individuals with access to institutional-quality, short-term investment vehicles for the ultra-safe and liquid portions of their investment assets. These investment vehicles are for clients seeking no volatility or limited volatility in market value. CMP provides corporate cash management through four distinct solutions:
Money Market Funds
- Institutional class money market mutual funds from multiple providers (Blackrock, Dreyfus, Goldman Sachs, Federated, Fidelity, etc.) select the fund type according to your internal guidelines and/or investment policy (Treasury, Government, Prime Obligations, Tax Exempt, etc.).
- Consolidated report of holdings across multiple funds and providers, all inside one account.
- Easy transfer of balances across fund families / fund types.
- Minimum investment of $1,000,000. No limit on account withdrawals.
Reliance Preferred Deposit Custody AccountSM
- Invests exclusively in FDIC-insured bank deposits.
- Earns an attractive variable rate well in excess of traditional money market funds.
- Simple, flexible, secure solution inside one consolidated account.
- Minimum balance of $100,000. Limited transactions per month.
Certificate of Deposit Account Registry Service®
- Access to multi-million-dollar FDIC insurance coverage through CDs issued by CDARS Network member banks.*
- Seven different product maturities available: 4-week, 13-week, 26-week, 52-week, 2-year, 3-year and 5-year. Laddered options also available.
- Access to up to $50 million in FDIC coverage.*
- One, single rate of return for each maturity purchase and consolidated periodic statements.
- Minimum account opening size $2,500,000.
Ultra-Short and Short-Term Bond Funds
- A carefully screened list of institutional-class high-quality, ultra-short and short-term bond funds.
- Moderate principal fluctuation with higher interest rates than money market funds.
- Minimum account opening size $1,000,000.
*Reliance Trust, as a member of the Promontory Interfinancial Network, LLC (Promontory), offers clients access to multi-million-dollar FDIC coverage through the CDARS service. Promontory performs the deposit-matching service on a weekly basis - generally Wednesday afternoon and, during this allocation process, client funds are divided into pieces of less than the standard FDIC insurance maximum (currently $250,000) and distributed to network member banks. Clients receive one, single rate of return per maturity and consolidated periodic statements from Reliance Trust. |
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