GOLDEN,
Colo., July 9, 2024 /PRNewswire/ -- ICD, an
independent provider of institutional investment technology, won
the 2024 Global Finance Award for Best Investment Management
Solution. Among the developments over the past year contributing to
the win are ICD's growth and product innovation.
"This award celebrates what we have been able to achieve by
remaining laser focused on our mission to empower treasury
professionals with innovative products and extraordinary service,"
says ICD CEO Tory Hazard. "We're
honored to be recognized for our contributions to the
industry."
ICD enables more than 500 corporate treasury organizations from
growth and blue-chip companies (including approximately 17% of the
S&P 100 as of December 31, 2023)
across 65 industries and more than 45 countries to invest in money
market funds and other short-term products to manage
liquidity. ICD is one of the largest U.S. institutional money
market fund portals, and in 2023, had average daily balances of
more than $230 billion in assets
globally. On April 8, ICD signed an
agreement to be acquired by Tradeweb, a leading, global operator of
electronic marketplaces for rates, credit, equities and money
markets.
In addition to its ongoing innovation with ICD Portal, ICD also
launched an AI-driven cloud solution, ICD Portfolio Analytics, in
October 2023. The solution enables
organizations to automatically aggregate and harmonize all of their
investment positions for more accurate exposure analysis and
portfolio risk monitoring.
"Our Treasury and Cash Management awards honor the organizations
that best help their clients to handle these changing times," says
Joseph D. Giarraputo, publisher and
editorial director of Global Finance.
About ICD
ICD is a trusted provider of institutional investment
technology. For more than two decades, ICD has developed workflow
solutions to assist organizations with independent research,
trading, analytics and investment reporting. Our many award-winning
solutions co-innovated with clients demonstrate our commitment to
serving the needs of the institutional investment community. For
information about ICD Portal for short-term investments and ICD
Portfolio Analytics for an organization's entire investment
portfolio, please contact us at info@icdportal.com or visit
icdportal.com.
ICD Media Contact
Zoe
Sochor
+1 646.581.3277 zoe.sochor@icdportal.com
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SOURCE Institutional Cash Distributors, LLC