J.P. Morgan expands European prime brokerage
01 December 2011 London
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J.P. Morgan has announced the expansion of its Prime Custody service to hedge fund clients of its European Prime Brokerage business through a fully integrated platform.
The platform leverages two J.P. Morgan franchises: J.P. Morgan Worldwide Securities Services (WSS) and Prime Brokerage which allows for the efficient movement of securities between Custody and Prime Brokerage accounts, consolidated reporting, a single client-facing technology portal and a dedicated client service representative supporting all products.
Sandie O’Connor, global head of Prime Services at J.P. Morgan, said, “This is the next evolution in our continued effort to expand our prime brokerage franchise in Europe. These local capabilities will allow our international clients to have integrated access to multiple J.P. Morgan services across asset classes.”
The platform leverages two J.P. Morgan franchises: J.P. Morgan Worldwide Securities Services (WSS) and Prime Brokerage which allows for the efficient movement of securities between Custody and Prime Brokerage accounts, consolidated reporting, a single client-facing technology portal and a dedicated client service representative supporting all products.
Sandie O’Connor, global head of Prime Services at J.P. Morgan, said, “This is the next evolution in our continued effort to expand our prime brokerage franchise in Europe. These local capabilities will allow our international clients to have integrated access to multiple J.P. Morgan services across asset classes.”
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