Reuters: JPMorgan creates new data business in its securities services division

JPMorgan Chase & Co’s (JPM.N) Securities Services division is setting up a new data business which will be led by Gerard Francis, who joins the bank from Bloomberg, a memo seen by Reuters showed.

The new Data Solutions business will bring together several projects already underway at the bank including post-trade analytics services and a new asset manager platform, the memo said.

Francis, who was head of enterprise data solutions at Bloomberg, will report to Teresa Heitsenrether, JPMorgan’s executive vice president and global head of securities services.

The full article is available at

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