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Friday, April 19, 2024
HomeBankingJ.P. Morgan: Partnered with Calastone

J.P. Morgan: Partnered with Calastone

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J.P. Morgan: Partnered with Calastone

  • To introduce new levels of automation to money market funds via its “Morgan Money” trading platform
  • The global leader in investment management with assets under management of $1.9 trillion initially use Calastone to enhance its entire settlements process
  • Morgan Money the first in the market to offer automated settlements to its users via Calastone’s innovative technology
  • Calastone digitalises the investment and reporting process for money market portals, fund providers and investors
  • The service enables the highest levels of automation, comprising of trade placement, settlement, reporting
  • The current pandemic heightened the need to adopt greater levels of automation amongst fund providers and their investors

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