Short-Term Financing Tool.TreasuryPoint.com, a treasury Web site pioneered by SEI Investments, has launched the Optimizer Hardware or software that improves performance. See defragment and disk management. , an advanced analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. tool that helps treasurers improve short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. investing and borrowing decisions based on lowest cost or best return. After four years of research, development and a successful beta trial with Sealy Corp., which continues as a client, the Optimizer is now available for subscription. TreasuryPoint calls the Optimizer "a sophisticated artificial intelligence decision-making decision-making, n the process of coming to a conclusion or making a judgment. decision-making, evidence-based, n a type of informal decision-making that combines clinical expertise, patient concerns, and evidence gathered from support tool." Using daily information about a company's financial situation that the treasurer inputs, plus live feeds from current rate and financial market data sources, the Optimizer analyzes a company's short-term investing or borrowing choices and calculates its optimal choices over a one- to 90-day period. The product's recommendations resulted in lower cost of funds Cost of Funds The interest rate paid on an outstanding loan. Notes: Money isn't free! Cost of funds is the cost of borrowing money. See also: Interest Rate Cost of funds Interest rate associated with borrowing money. and increased investment returns in all live tests and historical case studies. "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a better way to manage our cash, and about three months ago we heard about the Optimizer's 30-day free trial offer," said Tom Riley, director of finance of Pacific Coast Feather Co., a Seattle-based maker of bedding products. "Its performance and results have exceeded expectations. After inputting our cash flow forecasts, the Optimizer returns a recommendation in minutes. It has helped make our decisions quicker and smarter, and has added discipline to our treasury process." In addition to the Optimizer, TreasuryPoint.com features up-to-the-minute treasury market data, expert commentary and editorial and educational content targeted to corporate treasury professionals. TreasuryPoint.com also recently planned to add a trading platform for institutional money market funds. |
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