Innovation in Cash Sweep Technology for the Bank Marketplace
Successful cash management programs in today's competitive marketplace require a flexible and dynamic sweep technology. Founded in 1997, SweepTech employs proprietary cash sweep technology developed specifically to support the banking industry. SweepTech provides technology support in the following areas:
Same day or next day investment capability.
Shareholder sub-accounting.
Statement preparation and mailing.
Dividend accrual and payment.
Tax reporting.
Calculation of sweep fees.
