RISK & CUSTODY
Program Bank FDIC Sweep Networks vs. Direct-CUSIP Treasury Custody: A Boardroom Guide
David Thorne · Head of Institutional Risk
Up to $100M Program Sweep Coverage
Post-2023 board audit committees demand crystal-clear counterparty segregation between operating deposits and reserve assets.
Use multi-bank ICS/sweep networks to distribute immediate operating cash across 40+ FDIC-insured program banks, while holding strategic reserves in direct-CUSIP US Treasury bills inside bankruptcy-remote custody accounts.
01 // MERIDIAN LEDGER
Automated US Treasury T-Bill sweeps (5.28% APY), 1.75% corporate card rebates, and bi-directional NetSuite & Intacct reconciliation.
Same-Day Corporate KYB →
02 // TREASURY PLATFORM
Treasury Command (/)
Platform Modules
Platform Pricing
CFO Yield Simulator
Treasury Benchmark LP
03 // INSTITUTIONAL PROOF
CFO Customer Stories
Macro & ERP Briefings
Custody & Leadership
Open FinTech Roles
Treasury Advisor Desk
© 2026 MERIDIAN LEDGER TECHNOLOGIES INC. · NEW YORK · LONDON · SAN FRANCISCO
SOC-2 TYPE II · PCI-DSS LEVEL 1 · ILLUSTRATIVE FINTECH TEMPLATE