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In a move to expedite corporate treasuries’ short-term investing, the SunGard Global Network’s Short-Term Cash Management Portal now allows users to authorize money-market trades from mobile devices such as phones or tablets. Mike Vogel, senior vice president in SunGard’s wealth management business, says the new capability is part of the “heightened awareness” of cash management that developed in the wake of the financial crisis, with corporates paying more attention money markets, risk and liquidity. Companies often require two levels of authorization for money market trades. In response to that, “dual authorization is something we added to the portal a couple of years ago, and now we’ve made it mobile as well,” Vogel says. Institutional investors have more than $100 billion of funds invested through the Short-Term Cash Management Portal, he says. Trade authorization is the portal’s first mobile capability, Vogel says, but adds that “SunGard as a whole is certainly focusing on applications that acknowledge the more mobile workforce.”

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