ICD Portal

ICD Portal is an investment portal designed for treasury professionals investing in the short-term market. According to Institutional Cash Distributors, LLC, the vendor of the product, it provides a suite of tools and features that simplify trading in the cash markets. The platform offers access to a wide range of investment products, settlement options, risk and compliance monitoring, and customizable reporting. It is suitable for institutional investors of all sizes, catering to treasury professionals, financial managers, investment officers, cash managers, and corporate treasurers across various industries.

Key Features

Investment Products: According to the vendor, ICD Portal provides unbiased access to a broad selection of institutional investment products. These include money market funds, FDIC-insured brokered accounts, short duration bond funds, federally insured cash accounts, separately managed accounts, demand deposits, time deposits, and fixed-term funds. Users can research, trade, analyze, and report on these investment products within the platform.

Settlement: ICD Portal offers three trade settlement channels: Clearing, Custody, and Direct. The vendor states that Clearing allows access to the money market fund industry, with the option to be fully disclosed or non-disclosed to fund companies. Custody provides an operationally efficient platform with rapid wire processing, regulated by the Office of the Comptroller of the Currency. Direct requires an individual application for each fund family, with wires sent directly to the fund families to settle trades. The platform also includes the patented AutoPay™ feature, which automates wire settlement to streamline the process.

Risk and Compliance: ICD Portal offers fund exposure analytics to help users monitor and optimize their portfolio. The vendor says that these analytics provide insights into exposures to counterparties, countries, sectors, and security types. Built-in compliance rules warn or block users when a compliance setting is violated, assisting with risk management and compliance adherence.

Reporting: According to the vendor, ICD Portal allows users to generate flexible and customizable reports on demand. These reports cover a wide range of metrics for research, comparison, history, and audits. Analytics reports offer comprehensive insights, while accounting reports simplify reporting with gain/loss, dividend accrual, and transaction reports. Users can generate reports on the entire portfolio or by fund, account, or entity.

Integration: ICD Portal integrates seamlessly with various treasury management systems, ERPs, banks, and data providers. The vendor states that the platform's open architecture allows for connectivity through API, SWIFT, email, FTP, and webservice. The dedicated integration team works with clients and their technology providers to deliver integrated workflows, ensuring desired efficiencies are achieved.