MTB Investment Advisors Provides Clients With Leading Edge Solution by Combining Short-Term Fixed Income Expertise With State-o
2006年5月8日 - 11:30PM
PRニュース・ワイアー (英語)
BALTIMORE, May 8 /PRNewswire-FirstCall/ -- MTB Investment Advisors,
Inc., (MTBIA), announced today that it has launched a new
state-of-the-art Enhanced Cash Reporting system for its short-term
fixed income clients. This will complement MTBIA's expertise in the
management of short-term investments by enabling CFOs and
Treasurers to monitor their portfolios online, with complete
transparency and drill-down functionality. This reporting
capability, coupled with MTBIA's ability to provide institutions
with customized, separately managed account solutions for
maximizing returns on cash reserves, while meeting liquidity needs,
provides a compelling differentiator for MTBIA. "MTBIA's ability to
provide expert management and world-class reporting is particularly
significant for the CFO or Treasurer who is looking for a way to
maximize returns on their short-term investment portfolio, and
effectively deal with accounting, performance, compliance, and risk
reporting issues." said William Dwyer, MTBIA President and CIO.
"Our institutional clients have embraced our new reporting
capability." Significant changes in regulatory requirements due to
the Sarbanes-Oxley Act, the evolution of Treasurer and CFO roles in
terms of greater involvement in the strategic planning process, as
well as the significant growth in cash reserves, have provided
catalysts for change and the need for greater efficiency and
transparency in managing short-term reserves. MTBIA's new Enhanced
Cash Reporting system is designed specifically to address the
unique reporting, accounting and regulatory needs of institutional
investors. It provides a state-of-the-art, web-based and integrated
accounting, risk, compliance, and performance solution so that cash
reserves can be accurately and efficiently monitored. This
reporting system provides information that goes well beyond typical
reporting requirements in terms of its scope and accessibility. It
helps facilitate the reporting that many institutions are required
to do, and can help improve decision-making that could result in
better returns, risk management and information flow. Data can be
accessed by clients at a secure website through
http://www.mtbia.com/, without time-consuming implementation, data
entry, processing, or off-line reconciliation requirements for the
client. In addition, Enhanced Cash Reports contain accounting
information required to support the preparation and analysis of a
variety of critical financial reports including balance sheets,
income statements, and cash flow forecasts. "This unique
combination of effective short-term investment management provided
by a seasoned team of fixed income professionals with the ability
to provide online, daily, monthly and quarterly reporting, provides
a compelling solution that compares favorably with what our
competition has to offer," concludes Mr. Dwyer. MTBIA, a subsidiary
of M&T Bank, provides investment advisory services to
corporations, not-for-profit organizations, pension programs,
endowments, foundations, municipalities and unions, and has eight
offices with locations ranging from New York to Washington, D.C.
Enhanced Cash, that is the management of short-term investments, is
an area of focus and expertise for MTBIA. MTBIA actively manages
$6.5 billion of cash equivalent investments (as of March 31, 2006),
consisting of money market funds and separate accounts ranging in
size from $3 million to over $300 million. The Enhanced Cash
solution provided by MTBIA, complements the range of cash
management solutions available through its affiliate, M&T Bank.
The core members of MTBIA's Fixed Income Team, who manage this
Enhanced Cash solution, have been with MTBIA since the firm's
inception in 1995. The Fixed Income Team consists of 18 seasoned
investment professionals and staff. MTBIA has seven fixed income
portfolio managers and five full-time credit analysts (including
one mortgage-backed analyst and one money market credit analyst).
These fixed income portfolio managers have an average of over 18
years industry experience. Not FDIC Insured No Bank Guarantee May
Lose Value Phil Hosmer Corporate Communications M&T Bank (410)
949-3042 DATASOURCE: MTB Investment Advisors, Inc. CONTACT: Phil
Hosmer, Corporate Communications of M&T Bank, +1-410-949-3042,
Web site: http://www.mandtbank.com/ http://www.mtbia.com/
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