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October 10, 2019

GSAM Transforms Digital Liquidity Management with Launch of Mosaic

New digital ecosystem facilitates greater access to data, execution, and expertise

NEW YORK, October 10, 2019 –– Goldman Sachs Asset Management (“GSAM”) today announced the launch of Mosaic, an investment platform provided through Goldman Sachs & Co. LLC (“GS”), which delivers digital products, expertise, and data & execution services to treasury and investment teams of all sizes. Mosaic provides money market and short duration fund investors access to the data, products, and services needed to optimize their liquidity, resulting in improved scale, increased transparency, and efficient workflows. Mosaic builds upon GS’ legacy in open-architecture money market fund trade execution, including the GS Liquidity Solutions Portal, and is supported by the technology and expertise of Goldman Sachs.

Mosaic helps address clients’ most pressing needs in managing and investing their cash. With more choices, complexities, and responsibilities facing liquidity investors, Mosaic’s flexible design provides investment analytics, trading, settlement, and reporting capabilities that can be accessed through GS investment portals or connected to clients’ existing infrastructure.

Mosaic will be made available over the coming months to clients across financial services, corporates, and public institutions.
“We innovate based on our clients’ priorities. Those needs increasingly include simple execution, seamless digital experiences and the ability to pick and choose offerings that can be integrated with existing infrastructure to achieve better operational efficiency and investment goals,” said Kathleen Hughes, Global Head of Liquidity Solutions Client Business at GSAM. “We designed Mosaic to serve clients’ needs, whether that is an enhanced and integrated dashboard, back-end execution, or an end-to-end solution. Our continued investment is a reflection of our deep commitment to delivering cutting-edge solutions to meet our clients’ evolving needs for investing cash.”
Mosaic’s key capabilities include:

  • Goldman Sachs Applications: The platform encompasses multiple applications for trading, reporting, and risk analysis, including the GS Liquidity Solutions Portal and the Mosaic investment portal. White-labeled investment portal solutions are also available.
  • Platform Integrations: Mosaic’s flexibility allows for connectivity with clients’ treasury management systems, enterprise risk planning applications, and other enterprise or proprietary applications. The result is a complete digital experience that reduces manual data reconciliation and is scaled across investing entities and accounts.
  • Enhanced Tools and Services: Mosaic data and execution services provide a flexible menu of investment analytics, execution, and reporting APIs and custom file integrations, allowing clients to have a holistic view of their liquidity portfolio.

Mosaic’s launch coincides with the announcement of several strategic partnerships in order to provide clients with additional capabilities in the market, including:

  • An integration with Clearwater Analytics, a global SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, to streamline access to performance, exposure, and risk management reporting including new consolidated dashboards.
  • Platform integrations with the following treasury management system (TMS) partners, providing connectivity to GS execution services and consolidated reporting experiences unique to Mosaic:
    • GTreasury is a digital TMS platform that gives organizations cloud access to an end-to-end workflow for treasury and risk management. Its design leverages new technologies to connect treasury teams’ ecosystem, enabling the seamless flow of data across and beyond the enterprise for new and more efficient ways of working.
    • ION Treasury is world's largest provider of treasury management solutions with seven cloud enabled brands including City Financials, IT2, ITS, Reval, Openlink, Treasura, and Wallstreet Suite providing customers integrated treasury and risk management alongside innovative product investment and customer ecosystem.
  • Direct security trading through connectivity to the brokerage applications of Tradeweb Markets – a global operator of electronic marketplaces for rates, credit, equities and money markets – which allow trading in US agencies, commercial paper, CDs, Treasuries, and European time deposits.

“Investing cash has always been an integral component of a well-functioning business, no matter our clients’ industry,” said Christina Kopec, Global Head of Liquidity Solutions Product Strategy. “We draw upon three decades of experience in liquidity asset management and on our firm’s focus on risk and technology to help our clients meet the challenges of an increasingly complex market.”
 


GSAM is the asset management arm of The Goldman Sachs Group, Inc. (NYSE: GS), which supervises more than $1.5 trillion in assets as of June 30, 2019.1 GSAM has been providing discretionary investment advisory services since 1988 and has investment professionals in all major financial centers around the world. The company offers investment strategies across a broad range of asset classes to institutional and individual clients globally. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and high-net-worth individuals.

Mosaic is made available in the United States by Goldman Sachs & Co. LLC and outside of the United States by Goldman Sachs International, or its local affiliates in accordance with applicable law and regulations. Goldman Sachs International and Goldman Sachs & Co. LLC are the distributors of the Goldman Sachs Funds. Depending upon the jurisdiction in which you are located, transactions in non-Goldman Sachs money market funds are effected by either Goldman Sachs & Co. LLC, a member of FINRA, SIPC and NYSE, or Goldman Sachs International.  For additional information contact your Goldman Sachs representative. Goldman Sachs & Co. LLC, Goldman Sachs International, Goldman Sachs Liquidity Solutions, Goldman Sachs Asset Management, L.P., and the Goldman Sachs funds available through Goldman Sachs Liquidity Solutions and other affiliated entities, are under the common control of the Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is a registered U.S. broker-dealer and futures commission merchant, and is subject to regulatory capital requirements including those imposed by the SEC, the U.S. Commodity Futures Trading Commission (CFTC), the Chicago Mercantile Exchange, the Financial Industry Regulatory Authority, Inc. and the National Futures Association.

 

Media Contacts:

Patrick Scanlan  |  Goldman Sachs |  212-902-5400