TreasurySpring launches fixed-term fund platform
July 10, 2019

TreasurySpring, a London-based financial technology company, has today announced the launch of what it describes as a fixed-term fund (FTF) platform.

TreasurySpring describes the FTF as a completely new financial instrument, which it has conceived, designed and built to unlock the multi-trillion dollar wholesale money markets by providing new digital pipelines to connect cash-rich firms to institutional borrowers from the sovereign, bank and corporate sectors.

It says that FTFs enable all holders of large cash balances, from corporates to charities, private funds to insurance companies, family offices to private banks and beyond, to reduce and diversify risk on those balances, whilst simultaneously increasing returns.

It adds that for investment grade firms seeking financing, the platform provides flexible, low-cost access to a diverse universe of short-term funding sources.

TreasurySpring goes on to say that an FTF shares many of the characteristics of a term deposit, in that it is a term product that can be acquired without the need for any infrastructure. However, instead of providing exposure to unsecured bank risk, as with a deposit, an FTF can offer exposure to any short-dated, investment grade fixed-income obligation, such as a single government bill, a single secured bank loan or a single investment-grade corporate loan, for example.

Tim Howell, a former CEO of Euroclear and an investor in TreasurySpring, added: "I have known the TreasurySpring executive team for a number of years now and firmly believe that FTFs bring true innovation to our industry; indeed, I believe we are looking at the first material innovation in this space since the creation of money market funds in the 1970s."





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TreasurySpring, a London-based financial technology company, has today announced the launch of what it describes as a fixed-term fund (FTF) platform.

TreasurySpring describes the FTF as a completely new financial instrument, which it has conceived, designed and built to unlock the multi-trillion dollar wholesale money markets by providing new digital pipelines to connect cash-rich firms to institutional borrowers from the sovereign, bank and corporate sectors.

It says that FTFs enable all holders of large cash balances, from corporates to charities, private funds to insurance companies, family offices to private banks and beyond, to reduce and diversify risk on those balances, whilst simultaneously increasing returns.

It adds that for investment grade firms seeking financing, the platform provides flexible, low-cost access to a diverse universe of short-term funding sources.

TreasurySpring goes on to say that an FTF shares many of the characteristics of a term deposit, in that it is a term product that can be acquired without the need for any infrastructure. However, instead of providing exposure to unsecured bank risk, as with a deposit, an FTF can offer exposure to any short-dated, investment grade fixed-income obligation, such as a single government bill, a single secured bank loan or a single investment-grade corporate loan, for example.

Tim Howell, a former CEO of Euroclear and an investor in TreasurySpring, added: "I have known the TreasurySpring executive team for a number of years now and firmly believe that FTFs bring true innovation to our industry; indeed, I believe we are looking at the first material innovation in this space since the creation of money market funds in the 1970s."



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