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Promontory Interfinancial Network, LLC, is a privately held firm with a network of financial institutions that has approximately one-third of all U.S. commercial banks and thrifts as members.〔1“ICBA Expands Cooperative Alliance with Promontory Interfinancial Network to Include Bank Assetpoint”, ICBA website, February 4, 2013. http://www.icba.org/news/newsreleasedetail.cfm?ItemNumber=154566〕 Promontory offers FDIC-insured deposit placement services, including the Certificate of Deposit Account Registry Service®, or CDARS®; Insured Cash Sweep® service, or ICS®; and the Insured Network Deposit® service, or IND®.〔 2 “Company Overview of Promontory Interfinancial Network, LLC” Bloomberg Business http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=45817065〕 Promontory also publishes a quarterly business outlook survey of banks.〔3 Jackie Steward, “Small Banks Start Preparations for Higher Deposit Rates,” American Banker, September 8, 2015. http://promnetwork.com/home/news/business-outlook-survey/〕 Promontory’s services help bank depositors to access FDIC insurance above the $250,000 limit through a single bank relationship. As Reuters has noted, Promontory’s services “rose in popularity during the 2008 financial crisis. Money is spread around in chunks across a network of ‘well-capitalized’ banks, with maturities of four weeks to five years.” In some cases, however, the yields are lower than those on CDs and money market accounts.〔4 Lauren Young, “Advisers steer clients to safer havens in stormy market,” Reuters, August 4, 2011〕 The company was founded by a number of former federal banking regulators and BNY Mellon provides issuance, custody, settlement, and recordkeeping services for Promontory.〔5 http://www.princeton.edu/~blinder/bio.htm http://www.bloomberg.com/Research/stocks/private/person.asp?personId=51118263&privcapId=45817065 & http://www.aba.com/Products/Endorsed/Pages/IND.aspx 〕 The President and CEO of the Company is Mark Jacobsen, a former chief of staff of the Federal Deposit Insurance Corporation (FDIC) and inventor of 13 patents related to Promontory’s FDIC-insured deposit placement services. 〔“Company Overview of Promontory Interfinancial Network, LLC” Bloomberg Business http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=45817065〕 ==References== 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Promontory Interfinancial Network」の詳細全文を読む スポンサード リンク
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