Texas Treasury Safekeeping Trust Company
Texas Treasury Safekeeping Trust Company is a 1986-founded, state-government special-purpose entity under the Texas Comptroller that manages, safeguards, and invests approximately $165 billion in public funds and securities for Texas, its agencies, and local political subdivisions.
- Company typePrivate
- Founded1986
- HeadquartersAustin, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Texas Treasury Safekeeping Trust Company does
Texas Treasury Safekeeping Trust Company (TTSTC) is a special-purpose entity of the State of Texas, established in 1986 and headquartered in Austin, that manages, safeguards, and invests public funds and securities belonging to the State of Texas, its agencies, and local political subdivisions. The entity operates under the direct authority of the Texas Comptroller's office and is wholly state-owned; its mandate is to deliver the highest return at the lowest cost to the state, rather than to operate as a commercial asset manager. TTSTC employs between 51 and 100 staff and maintains a single Austin office at 1801 N Congress Ave.
TTSTC invests, manages, and oversees approximately $165 billion in assets. Core operations center on the Texas Treasury Pool, a cash-equivalent investment vehicle with a balance of approximately $74.682 billion and an estimated daily yield of 3.825%. Around this core, TTSTC operates multiple separately managed portfolio programs — TexPool, TexPool Prime, SWIFT, TESTIF, Endowment, TUF, and TEF — each governed by its own dedicated investment policy and serving distinct Texas state agency and local government client mandates. The underlying technology stack is not disclosed in public sources; outputs are produced through audited reports, codified investment policies, and regulatory disclosures rather than commercial product channels.
The business model is a state-government cost-center model rather than a commercial fee model. There is no publicly disclosed pricing structure; services are delivered to clients at cost in fulfillment of a legislative mandate. Distribution occurs directly through the Texas Comptroller's office to state agencies and local political subdivisions, with no external sales motion, no marketing channels, and no partnerships of record. Governance is provided through the Comptroller's Investment Policy and periodic external audits, with Kelly Hancock serving as Chairman.
Texas Treasury Safekeeping Trust Company firmographics
Firmographics- Name
- Texas Treasury Safekeeping Trust Company
- Legal name
- Texas Treasury Safekeeping Trust Company
- Website
- https://ttstc.org
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Texas Treasury Safekeeping Trust Company is a 1986-founded, state-government special-purpose entity under the Texas Comptroller that manages, safeguards, and invests approximately $165 billion in public funds and securities for Texas, its agencies, and local political subdivisions.
- Ownership category
- akta.pro rank
Texas Treasury Safekeeping Trust Company industry classification
Industry- Product category
- Public Fund Treasury Management
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Trusts, Estates, and Agency Accounts (52592), Other Investment Pools and Funds (5259)
- SIC
- Finance Services (6199), Savings Institutions, Not Federally Chartered (6036)
- akta.pro primary industry
- Government Investment Pools & Treasury Funds (FSAAAGAE)
- akta.pro secondary industries
- Treasury, Cash & Liquidity Management (Custody Cash) (FSAAAOAL), Corporate & Institutional Trust Services (FSAAANAB), Corporate Trust Services (Trustee, Agent & Escrow Roles) (FSAEAKAB)
Keywords
Where Texas Treasury Safekeeping Trust Company is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Texas Treasury Safekeeping Trust Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Public Fund Investment Management: TTSTC operates as a cost-center entity for the state of Texas, providing investment management services to achieve highest return at lowest cost to the state. The entity manages approximately $165 billion in assets including the Texas Treasury Pool ($74.7 billion balance) and separately managed portfolios for various Texas state agency clients. Revenue is derived from management of public funds rather than commercial fees.
Go-to-market motion1 record
Distribution channels1 record
Texas Treasury Safekeeping Trust Company product offering
Product offeringCore offering
Texas Treasury Safekeeping Trust Company manages, safeguards, and invests public funds and securities belonging to the State of Texas, its agencies, and local political subdivisions. It oversees approximately $165 billion in assets through the Texas Treasury Pool (a cash-equivalent investment vehicle) and a series of separately managed portfolios (TexPool, TexPool Prime, SWIFT, TESTIF, Endowment/TEF, and TUF). As a special-purpose entity, it provides the Comptroller's office direct access to specialized investment services designed to achieve the highest return at the lowest cost to the state.
Product overview
Texas Treasury Safekeeping Trust Company (TTSTC) operates as a single, unified treasury management platform for the State of Texas. The core offering is the Treasury Pool, a cash-equivalent investment vehicle managing approximately $165 billion in public funds. Around this core, TTSTC offers multiple separately managed portfolio programs: TexPool and TexPool Prime (local government investment pools), SWIFT Portfolio, TESTIF Portfolio, Endowment Portfolio, and TUF Portfolio — each governed by distinct investment policies and serving different Texas state agency and local political subdivision clients.
Differentiator
Problem solved
Functional benefit
Brands
- TexPool: Texas Local Government Investment Pool - cash-equivalent fund managed by TTSTC
- TexPool Prime
- SWIFT
- TESTIF
- TUF
- TEF
Products and services
- Texas Treasury Pool
Quantifiable outcome
- 3.825% estimated daily yield on Texas Treasury Pool
- +1 more outcomes
Companies that use Texas Treasury Safekeeping Trust Company
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Texas Treasury Safekeeping Trust Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Texas Treasury Safekeeping Trust Company partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights3 records
Texas Treasury Safekeeping Trust Company competitors and assessment
Company assessmentDirect peers
- TexSTAR: Texas Short Term Asset Reserve program — another Texas LGIP competing for the same local political subdivision deposits as TexPool.
- LOGIC (Local Government Investment Cooperative): Texas-based local government investment cooperative offering pooled cash management to Texas political subdivisions — direct competitor to TexPool/TexPool Prime with comparable target clients.
- Texas CLASS: Texas Cooperative Liquid Assets Securities System — a Texas local government investment pool directly competing with TTSTC's TexPool and TexPool Prime for subdivision deposits in the same captive geography.
Broad incumbents
- CalTRUST: California local government investment pool serving public agencies with pooled short-term investment vehicles — analogous state-level LGIP structure to TexPool.
- Florida State Board of Administration (SBA): Manages Florida state pension, treasury, and local government investment funds — comparable state-government special-purpose investment entity managing large public-fund AUM.
- New York Cooperative Liquid Assets Securities System (NYCLASS): New York statewide local government investment pool offering pooled cash-equivalent funds to public agencies — comparable LGIP structure to TTSTC's TexPool.
- California State Treasurer's Investment Pool: California's state-treasurer-administered pooled investment programs serving state agencies and political subdivisions — large-scale governmental investment pool comparable in scope to TTSTC.
Regional players
- Massachusetts Municipal Depository Trust (MMDT): Massachusetts state-treasurer-operated commingled cash management pool for municipalities — analogous state-government pooled investment vehicle with comparable function to TTSTC.
- Virginia Local Government Investment Pool (LGIP): Virginia-administered LGIP providing pooled investment options to Virginia political subdivisions — directly analogous state-level LGIP function to TexPool.
- Pennsylvania Treasury INVEST Program: Pennsylvania state treasury investment program for local governments — analogous state-level pooled investment offering for political subdivisions.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Texas Treasury Safekeeping Trust Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Texas Treasury Safekeeping Trust Company leadership team
Management profileNumber of profiles
Profiles1 record
Texas Treasury Safekeeping Trust Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Texas Treasury Safekeeping Trust Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Texas Treasury Safekeeping Trust Company
What does Texas Treasury Safekeeping Trust Company do?
Texas Treasury Safekeeping Trust Company manages, safeguards, and invests public funds and securities belonging to the State of Texas, its agencies, and local political subdivisions. It oversees approximately $165 billion in assets through the Texas Treasury Pool (a cash-equivalent investment vehicle) and a series of separately managed portfolios (TexPool, TexPool Prime, SWIFT, TESTIF, Endowment/TEF, and TUF). As a special-purpose entity, it provides the Comptroller's office direct access to specialized investment services designed to achieve the highest return at the lowest cost to the state.
Is Texas Treasury Safekeeping Trust Company a public or private company?
Texas Treasury Safekeeping Trust Company is a private company. It is classified as state government owned and is currently operating.
When was Texas Treasury Safekeeping Trust Company founded?
Texas Treasury Safekeeping Trust Company was founded in 1986. It employs 51 to 100 people.
Where is Texas Treasury Safekeeping Trust Company based?
Texas Treasury Safekeeping Trust Company is headquartered in Austin, United States, in the North America region.
How does Texas Treasury Safekeeping Trust Company make money?
One revenue line is on record: public Fund Investment Management.
Who are Texas Treasury Safekeeping Trust Company's main competitors?
Direct peers on record are TexSTAR, LOGIC (Local Government Investment Cooperative) and Texas CLASS. Broad incumbents are CalTRUST, Florida State Board of Administration (SBA), New York Cooperative Liquid Assets Securities System (NYCLASS) and California State Treasurer's Investment Pool. Regional players are Massachusetts Municipal Depository Trust (MMDT), Virginia Local Government Investment Pool (LGIP) and Pennsylvania Treasury INVEST Program.
Does Texas Treasury Safekeeping Trust Company have an API?
No public API is recorded for Texas Treasury Safekeeping Trust Company.
What industry is Texas Treasury Safekeeping Trust Company in?
Texas Treasury Safekeeping Trust Company's product category is Public Fund Treasury Management. Its primary akta.pro industry code is FSAAAGAE, Government Investment Pools & Treasury Funds, with a secondary code of FSAAAOAL, Treasury, Cash & Liquidity Management (Custody Cash). Its NAICS code is 525 and its SIC code is 6199.