Merriman Curhan Ford & Co.'s Institutional Cash Distributors (ICD) Announces Strategic Partnership With Clearwater Analytics
January 08 2008 - 9:00AM
Business Wire
Merriman Curhan Ford & Co.�s Institutional Cash Distributors
(ICD) division today announced a strategic partnership with
Clearwater Analytics, which will combine the best of breed portal
technology with world-class analytics and portfolio reporting. ICD
expects the technology integration to be completed by the end of
February 2008. Clearwater Analytics� fully integrated investment
solution will greatly improve ICD clients� Sarbanes-Oxley
management processes related to their money fund investments in the
following ways: Clearwater�s accounting features will allow clients
to record accruals based on fiscal cycle or calendar month with
flexibility of accounting period; The compliance reporting function
will customize a client�s profile to their organization�s
investment guidelines and inform clients when they are out of
compliance; and, Fund performance comparisons will easily show the
best performing products over a customized period, allowing clients
to invest in funds that maximize investment returns. �The joint
technologies will help bridge the gap between money market fund and
managed investment portfolio reporting, which historically have
been two separate functions,� said Tom Knight, Senior Vice
President of Business Development and Treasurer of ICD. �By
combining the two on a single platform, corporate treasury
departments will gain additional efficiencies and have�visibility
into their entire�portfolio in a single location on their desktop.
In addition, our customers will be able to better manage their
investment policy requirements across all investment classes
worldwide.� In addition, Institutional Cash Distributors recently
added several fund families to its already robust lineup. In an
effort to meet growing demand and keep the �best in class� funds
available,�the following fund families will be available to ICD
clients: Barclay�s Global Investors Royal Bank of Scotland Northern
Trust The Reserve Funds Deutsche Bank�s Offshore Funds Standard
Chartered A complete list of available funds can be found at the
ICD website (www.icdfunds.com). About Clearwater Analytics
Clearwater Analytics is an independent company focused on meeting
the needs of financial professionals in a dynamic industry. Built
by professionals with decades of experience mastering the
intricacies of investment strategy and reporting, Clearwater
Analytics offers unique solutions to those challenges today.
Clearwater�s team blends expertise in finance, accounting,
investment and technology to deliver comprehensive customer
solutions. Clearwater�s personnel represent a broad array of
specialists, from investment bankers to financial analysts to
accountants with Big Four experience. Their development group,
experts in building financial systems, utilizes the most effective
and latest technology. Extensive experience in computer software
development engenders innovative solutions to everyday challenges.
About Institutional Cash Distributors (ICD) Institutional Cash
Distributors (�ICD�) is a premier broker of money funds serving the
short-term investing needs of corporate finance departments at
companies throughout the United States and Europe. Companies using
ICD�s services receive access to a comprehensive product line of
over 40 different fund family options through ICD�s one-stop
process that includes one application, one wire and one statement
consolidating reporting regardless of the number of funds utilized.
Further information about ICD�s services can be found at
www.icdfunds.com or by contacting Mason Martin at 1-800-611-4ICD.
ICD is a division of Merriman Curhan Ford & Co., a member of
the Financial Industry Regulatory Authority (FINRA) and SIPC. About
Merriman Curhan Ford & Co. Merriman Curhan Ford & Co., a
wholly owned subsidiary of MCF Corporation (AMEX:MEM), is an
investment bank and securities broker-dealer focused on
fast-growing companies and growth-oriented institutional investors.
It provides investment research, brokerage and trading services
primarily to institutions, as well as advisory and investment
banking services to corporate clients. Its mission is to become a
leader in researching, advising, financing, trading and investing
in fast-growing companies. Merriman Curhan Ford & Co. is
registered with the Securities and Exchange Commission as a
broker-dealer and is a member of the Financial Industry Regulatory
Authority (FINRA) and SIPC.
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