With the addition of CacheMatrix technology, the bank is able to provide its corporate clients with convenient access to a marketplace of institutional money funds from a number of top performing fund companies.

CacheMatrix founder and CEO George Hagerman, said: With corporate cash reserves at historic levels, US Bank cash solutions portal provides treasury professionals with a terrific fund management solution.

We are proud to help power this significant enhancement to US Bank’s suite of offerings to custody clients, he added.