News

Jiko U.S. Treasury Bills Solution Now Available through CashInvest by Morgan Stanley

The Partnership Gives CashInvest Clients Access to Jiko's T-Bill Offering as a New Option

Nov 03, 2026

Jiko is bringing 24/7 liquid U.S. Treasury bills (T-bills) to Morgan Stanley Investment Management (MSIM), providing CashInvest by Morgan Stanley (CashInvest) clients access to automated direct T-bill ownership.

CashInvest by Morgan Stanley is an institutional cash management platform used by treasurers and cash managers to consolidate global cash investing through a single online trading interface. The partnership gives CashInvest clients access to Jiko's T-bill offering as a new option. Jiko's offering is designed to provide direct ownership of T-bills, held in the client's name, without the manual work that investing in T-bills has traditionally required.

“Every economic cycle tests how treasurers and institutional investors think about cash, and this one is no different,” said Eduardo Vergara, Jiko President. “Professionals using CashInvest often seek to balance safety, liquidity, and yield. Integrating Jiko's solution into CashInvest gives them expanded options that may address their unique needs.”

Direct T-bill ownership has historically required treasury teams to select maturities, manage laddering, and handle reinvestment manually. Jiko's technology, operating through its FINRA-registered broker-dealer, automates all T-bill trading, including reinvestment at maturity, so cash stays fully invested and potentially earns the “risk-free” rate often associated with T-bills, with the ability to make third-party payments built in.

“CashInvest is designed to provide institutional clients with a thorough, centralized interface for cash investment options,” said Rick Wilkinson, Head of Global Liquidity Platform Development, Morgan Stanley Investment Management. “Making Jiko accessible through CashInvest reflects our continued focus on expanding client choice.”

The addition reflects a broader shift among institutional cash managers. According to Jiko's 2026 Corporate Cash Confidence Survey, nearly half of treasurers report over 10% of corporate cash sits uninvested at any given time, and almost one in four report idle balances exceeding 25%. Jiko provides a transparent and structurally safe complement to pooled fund structures that generate a competitive yield on cash while keeping it available for payments.

Eligible CashInvest by Morgan Stanley clients can access Jiko now. Clients who elect to use the offering will onboard directly with Jiko and become Jiko clients for the offering, subject to Jiko's eligibility, documentation, disclosures, and terms.

Further reading

Jiko and BlackRock Cachematrix Introduce Direct 
T-Bill Ownership

Collaboration Will Bring Investors Direct T-Bill Access, Giving Treasurers Safety, Liquidity, and Yield Simultaneously. Read more →

Corporate America Is Still Stuck on Banker’s Hours, Jiko Survey Finds

New Research Reveals 81% of Treasury and Finance Professionals Cannot Settle Transactions in Real Time, as Geopolitical Uncertainty, Banking Sector Stability, and a New Fed Era Reshape Corporate Cash Strategy. Read more →

Jiko Appoints Eduardo Vergara as President and Matthew Mengerink as Chief Technology Officer to Accelerate its Next Phase of Growth

The appointments come as Jiko enters a pivotal period of commercial acceleration, with the company having doubled assets under management in the last year and deepened its reach across institutional markets.. Read more →