J.P. Morgan Asset Management announced an enhancement to its open architecture, short-term investment management platform, Morgan Money, through a strategic partnership with GLMX, a global money market trading platform.
Morgan Money clients can now access GLMX’s advanced money market trading technology directly on Morgan Money. The integration will broaden short-term investment options and offer a comprehensive suite of money market instruments, including money market funds, repurchase agreements, time deposits, CDs, CP, and government securities.
“Morgan Money clients will now have access to a wider range of short-term investment options while also benefiting from our cutting-edge research and analysis tools,” said Paul Przybylski, head of Product and Morgan Money for Global Liquidity at J.P. Morgan Asset Management, in a statement. “This collaboration underscores our commitment to providing clients with innovative solutions that enhance their investment capabilities and operational efficiency.”
Morgan Money is a global trading platform designed to offer robust short-term investment management solutions. Tailored for institutional investors, Morgan Money enables efficient liquidity and cash investment management, helping clients achieve more with fewer resources. The platform, which has $313 billion in AUM as of Q2-end, is committed to innovation and consistently strives to deliver an exceptional client experience, making it a forward-looking solution in the realm of treasury and cash management.
“Cash as an asset class and access to diverse liquidity pools in a single application are consistent themes we hear across the global front-end markets. This collaboration with J.P. Morgan Asset Management is a result of investors’ desire to access the entire investible universe of short-term instruments with a seamless experience,” said Glenn Havlicek, CEO and co-founder of GLMX, in a statement. “We bring GLMX’s $3 trillion ecosystem to J.P. Morgan’s client base as we seek to collaborate with industry leaders to provide innovative and easily accessible solutions for our collective clients.”