managing the city’s money - what outsourcing has to offer california municipal treasurer’s...
TRANSCRIPT
Managing the City’s Money - What Outsourcing Has to Offer
California Municipal Treasurer’s Association
Presented by
Joe Ulrey, Senior Managing DirectorRisk Management & Quantitative Products
April 212004
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE
CMTA Conference April 21, 20042
What Outsourcing the City’s Money Has to Offer
>Access to Information
>Extend Your Staff
>Know What You Own
>Best Execution
>Ease of Administration
CMTA Conference April 21, 20043
Access to Information
>Economic and market research
>Individual security research
>Rating agency research
>Portfolio management tools
CMTA Conference April 21, 20044
Extend Your Staff
>Get it off your desk
>Allocating resources efficiently
>Disaster recovery
CMTA Conference April 21, 20045
Know What You Own
>Beyond the rating agencies
>Risk management and peer review
>“Buyer Beware!”
CMTA Conference April 21, 20046
Best Execution
>Broker/Dealer relationships
>Trading efficiencies
>Move to the front of the line
CMTA Conference April 21, 20047
Ease of Administration
>Comprehensive reporting
>Internet access
>Performance attribution
>GASB accounting requirements
>Benchmark comparisons
CMTA Conference April 21, 20048
Summary - How Do You Benefit?
>Efficiency
>Performance
>Dedicated professional support