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Instimatch Global, along with its UK subsidiary, Munix Ltd ("Instimatch"), a digital network for institutional money market borrowing and lending, has announced a partnership with Goldman Sachs Asset Management's ("GSAM") Mosaic platform. The collaboration aims to enhance Instimatch's core offering by providing its clients with access to liquidity funds and short duration products. Mosaic is Goldman Sachs' state-of-the-art investment platform that delivers digital products and services to institutional investors.
Kevin Thompson, Managing Director of Munix, said, "We are delighted to be partnering with GSAM, enabling us to further develop our award winning platform across multiple asset types. This collaboration expands our overall suite of cash management products available to our client base to include short duration and liquidity funds from over 20 asset managers."
Lauren Oakes, Managing Director and Co-head of the Global Liquidity client business of GSAM, said, "We are excited to be working alongside Instimatch, and that they have selected Mosaic as the technology platform which will offer their client base access to money market fund solutions. As front-end investors focus on diversifying counterparty risk while optimising returns, they are increasingly looking for a platform that provide access to a broad range of short-term investment solutions. Mosaic is a core part of our strategic technology offering following significant investment and rapid growth in recent years, and we look forward to continuing growth partnering with Instimatch."
Founded in 2017 and based in Zurich, Instimatch Global offers a cash management platform for institutions across industries and geographies, enabling them to directly engage with each other and digitally execute all their liquidity needs as well as allowing them to leverage the network in order to make valuable trading connections. The platform covers various asset classes, including unsecured cash deposit, FX and digital promissory notes. Instimatch operates out of Zurich, Edinburgh, Doha and Chandigarh, and currently has in excess of 200 institutional clients across 26 jurisdictions.
Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), they deliver investment and advisory services for the world's leading institutions, financial advisors and individuals, drawing from their deeply connected global network and tailored expert insights, across every region and market—overseeing more than $2 trillion in assets under supervision worldwide as of December 31, 2021. The GSAM Liquidity Business has over 41-years of history managing money market funds with over $659.6bn in money market and short duration assets globally as of December 31, 2021.
For further information, please contact Instimatch Global at info@instimatch.com or Goldman Sachs Asset Management at GS-Mosaic@gs.com.
