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Cachematrix Becomes Member of Global SWIFT Network

DENVER, CO — (Marketwired) — 11/12/13 — Cachematrix (), the leading provider of and for banks and financial institutions, announced today that it has successfully become a member of the global SWIFT network.

Cachematrix has become a member of SWIFT, which is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,000 banking organizations, securities institutions and corporate customers in 212 countries and territories. SWIFT enables its users to exchange automated, standardized financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies.

“Integrating directly with SWIFT further solidifies Cachematrix as a global leader of institutional liquidity solutions for banks and financial institutions. Our demand a wide variety of integration and settlement solutions depending on their strategic goals and technological needs. Rather than just supporting certain trading and settlement methods, like omnibus versus fully disclosed models, Cachematrix has always felt it is critical to offer a variety of solutions to cater to the market demand,” said Cachematrix CIO, Matt Crooks.

Crooks continued, “As , integrating directly with the SWIFT network was a logical next step towards strengthening our global presence. Our product solutions can now be customized to completely automate and streamline the trading processes wherever SWIFT is applicable.”

Cachematrix can now offer banks a choice. Banks can either utilize Cachematrix-s new SWIFT architecture, or, if they prefer, can leverage their own existing internal SWIFT infrastructure.

Cachematrix is the leading of institutional money market, fixed income and variable NAV trading systems for banks and financial institutions worldwide. Cachematrix enables banks and other financial services firms the ability to offer its corporate clients on-line access to a choice of institutional funds through a convenient, single source platform for managing assets. For more information, visit .

Pete Young
Cachematrix
303-468-5500 x102

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