J.P. Morgan’s securities services business is building a link to SimCorp Dimension. SimCorp is a provider of technology solutions and services for the asset management sector. Available to mutual clients, the front-to-middle office and custody integration has gone live at one asset owner in APAC.
Category: J.P. Morgan
J.P. Morgan to deliver U.S. securitised products data to Confluence’s Delta platform
Confluence, a technology solutions provider to the worldwide money management industry, and J.P. Morgan have launched a further development in their partnership to deliver a multi-asset portfolio analytics solution. At the start of Q3 2021, Delta, Confluence’s risk and performance solution, will have expanded coverage powered by J.P. Morgan’s proprietary analytics to include U.S. securitised…
BlackRock to transfer ETF assets from State Street
State Street has confirmed that, following a review, it expects BlackRock to move a “significant portion of its ETF assets currently with State Street to one or more other providers, pending necessary approvals”. The transition is expected to begin in 2022 but will principally occur in 2023. In 2017 BlackRock moved USD1trn of common trust…
Rosemary McCollin joins Vistra from J.P. Morgan
Rosemary McCollin has joined Vistra as sales director for UK private equity. She previously spent 16 years at JPMorgan Chase.
State Street hires Benjie Fraser to head EMEA asset owner segment
State Street has appointed Benjie Fraser as the regional segment head for asset owners in EMEA. Fraser led the global pensions practice at J.P. Morgan, and has previously worked in sales roles for BNY Mellon and State Street.
J.P. Morgan deploys DLT for first intraday repo trade
J.P. Morgan has completed a live, blockchain-based intraday repo transaction. The transaction was conducted between J.P. Morgan’s broker/dealer and banking entity, using an in-house developed blockchain application which supported instantaneous settlement and maturity of the transaction in hours, as opposed to days. Using blockchain enables borrowers and lenders to execute shorter-term, intraday repo transactions with…
Northern Trust hires Caroline Hwang to lead client services in Hong Kong
Northern Trust has appointed Caroline Hwang to lead client services for its asset servicing business in Hong Kong, Macau and Taiwan. Hwang is responsible for managing Northern Trust’s client service team for institutional asset owners as well as developing and implementing strategy across these markets. Based in Hong Kong, Hwang reports to Michael Wu, country…
J.P. Morgan chooses H4 to improve document management
J.P. Morgan has chosen H4 to help improve the client contract onboarding experience, reuse data contained in documents, and build a digital library. H4 and J.P. Morgan have piloted the new documentation platform in the global custody business, with a view to rolling it out across the securities services business. In May 2020, J.P. Morgan…
Saphyre adopted by J.P. Morgan and BlackRock
J.P. Morgan Securities Services and BlackRock have adopted Saphyre’s platform to digitise the account opening workflow, eliminating manual processes, improving scalability and enabling buy-side clients to be ready to trade more quickly. Saphyre’s technology provides BlackRock and other buy-side firms with an efficient process for opening accounts with custodians and broker-dealers. Saphyre is a U.S.-based…
Fir Tree Partners selects Arcesium for MO & BO support
Fir Tree Partners, a private investment firm based in New York, has selected Arcesium‘s integrated technology platform and services solution to support its operational model. Arcesium’s platform will provide Fir Tree with a single repository to manage all of its middle and back office workflows, including reconciliation, portfolio analytics, data management, treasury, and cash functions.…