Friday, May 7, 10:30 - 11:45	view all sessions this time
Treasury Operations	view all sessions this track

206-Sweep Accounts: New Twists and Risks

Sweep accounts are a time tested approach to simple cash management, however with Repurchase Agreements having major changes in 2009, Money Market Funds bumping (or breaking) the buck in 2008, Eurodollar funds shrinking, and FDIC changes; now is the time to revisit investment and credit sweep options. This session will look at what is new in the industry and suggest a new format for quantifying the options.

Learning Objectives:
	Realize how the sweep market has fundamentally changed in the last 24 months
	Understand the new options being offered, including the pricing, risk and rewards
	Work, and take away, a proposed model for quantifying the values

Steve McArthur, M&I Marshall & Ilsley Bank Mr. McArthur, VP at  M&I Marshall & Ilsley Bank, is an experienced veteran of the Treasury Management industry having been the Treasury Officer at the State of Wisconsin Housing Authority, field sales of TM services, Manager of Treasury Management at AMCORE Bank. He has spoken at the Government Finance Officers annual convention, the AFP Annual Conference and numerous regional conventions. He is also a frequent author of treasury management related articles.