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UNION BANK’S INSTITUTIONAL TRUST & CUSTODY SERVICES GROUP ENHANCES WEB OFFERINGS WITH UPGRADED MONEYPORT PORTAL


For Immediate Release

Contact:
Joanne C. Curran
(213) 236-5017
joanne.curran@unionbank.com



San Francisco, November 9, 2009 – Union Bank, N.A., announced today the launch of Union Bank MoneyPortSM—an upgraded version of its Institutional Money Market Portal—that features a secure online environment with enhanced web offerings and functionality for Institutional Trust & Custody clients. Upgraded features include a comprehensive library of funds, fund data and performance filters, and an array of additional compliance and trading tools to help clients manage their short-term investment portfolios more effectively. In launching MoneyPortSM, Union Bank collaborated with Cachematrix, a vendor with a proven track record in money funds technology.

Through the portal, clients can quickly select and trade money market funds offered by 30 globally recognized money managers, and more than 250 short-term investment vehicles. These short-term vehicles available to U.S. institutional investors encompass a complete suite of domestic 2a-7 money funds and Union Bank depository products. Additionally, foreign or offshore money funds may be made available to qualified non-U.S. institutional clients, including non-U.S. affiliates/subsidiaries of U.S. global or multinational corporations.

“The upgrades now available on Union Bank MoneyPortSM incorporate a broader array of money market vehicles including multiple currency options, flexible trade authorization controls, a customizable investment compliance module, real-time trade confirmations, and treasury workstation compatibility,” said Union Bank Senior Vice President Marianne Bamonte, business manager for the bank’s institutional trust & custody services group. “With MoneyPortSM, institutional custody clients can keep their organization’s money fully invested and diversified—all within a secure online environment,” adds Union Bank Portal Services Manager Liz Hamilton.

Prior to its recent upgrade to MoneyPortSM, Union Bank’s Institutional Money Market Portal provided online trading services to money markets for institutional custody clients with combined assets totaling $6.3 billion. With the upgrade, the bank hopes to appeal to existing clients as well as prospects who are seeking opportunities to maximize earnings, manage portfolio diversification, and save administrative time.


About UnionBanCal Corporation & Union Bank, N.A.

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $78.2 billion at September 30, 2009. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank has 337 banking offices in California, Oregon, Washington and Texas and two international offices. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. Visit www.unionbank.com for more information.


About Cachematrix

Cachematrix is the leading financial software provider (SaaS) of online institutional trading systems for banks and financial institutions worldwide, providing turnkey solutions for money market portal technology, as well as fixed income and variable NAV trading systems. For more information, visit www.cachematrix.com.