J.P. Morgan

Custody, data management, H4, J.P. Morgan

H4 announced that its documentation technology is being used by J.P. Morgan’s Global Custody business for client contract onboarding, reuse of data contained in documents and building a digital library.…

State Street, J.P. Morgan, Citi invest $11mn in SaaS platform Capitolis

September 12, 2020

Balance sheet, Capitolis, Citi, J.P. Morgan, optimization, SaaS, State Street

Capitolis announced the completion of a strategic investment from Citi, J.P. Morgan and State Street that Reuters reported was valued at $11 million. The transaction represents a collaborative effort by…

J.P. Morgan and AccessFintech launch real-time statuses for buy-side

September 9, 2020

AccessFintech, buy-side, J.P. Morgan, technology

Payment statuses for dividend, income and cash wire movements added to existing trade status solution to deliver further operational efficiency for buy-side institutions Follows previously announced real-time trade processing integration…

ConsenSys acquires Ethereum blockchain platform from J.P. Morgan

August 26, 2020

acquisitions, blockchain, Consensys, Ethereum, J.P. Morgan, Quorum

Blockchain software company ConsenSys announced the acquisition of Quorum, an enterprise-variant of the Ethereum blockchain developed by J.P. Morgan. With the addition of Quorum, ConsenSys now offers a full range…

Eurex clears first SOFR swap transactions with LBBW and J.P. Morgan

August 7, 2020

alternatives to LIBOR, ARRC, Eurex, J.P. Morgan, LBBW, SOFR

Eurex Clearing has cleared its first SOFR swaps transactions. Initial trades were submitted by J.P. Morgan and LBBW. SOFR Overnight Index Swaps and SOFR Basis Swaps (both SOFR versus Fed…

Option pricing using quantum computers

August 6, 2020

ETH Zurich, IBM, J.P. Morgan, pricing models, quantum computers

Researchers from J.P. Morgan, IBM Research, and ETH Zurich present a methodology to price options and portfolios of options on a gate-based quantum computer using amplitude estimation, an algorithm which…

Deep hedging: neural network-based, data-driven market simulation for modelling financial time series

July 24, 2020

artificial intelligence, Deep hedging, deep neural networks, ETH Zurich, J.P. Morgan, machine learning, Oxford

Neural network based data-driven market simulation unveils a new and flexible way of modelling financial time series, which has recently inspired a surge of research activity in the quantitative finance…

Secfinance in H2: J.P. Morgan’s George Rennick on market themes and participant impacts (Premium)

July 22, 2020

Securities Finance, Collateral and Derivatives, Securities Lending

'40 Act funds, agency lending, CCPs, Central Banks, J.P. Morgan, RWA, sovereign wealth funds, topstory

As the pandemic hit markets in H1, participants’ focus heightened on the extra due diligence required for risk management, client communication, and discipline and controls, while capital preservation was prioritized…

Hazeltree partners J.P. Morgan Asset Management on cash and liquidity management

July 21, 2020

Josh Galper

HazelTree, J.P. Morgan, J.P. Morgan Asset Management

J.P. Morgan Asset Management and Hazeltree, the leading provider of cloud-based treasury solutions for investment managers, have partnered to deliver a unique and integrated cash and liquidity management platform to…

Bloomberg and J.P. Morgan integrate data and workflow for post-trade efficiencies

May 28, 2020

Bloomberg, data management, J.P. Morgan, post-trades processing

J.P. Morgan’s Securities Services and Bloomberg announced their collaboration on a post-trade workflow through direct front-to-back process, product, and data integration. The combination of Bloomberg AIM, a buy-side order management system,…

CoinDesk: J.P. Morgan takes on Coinbase, Gemini as first crypto exchange clients

May 13, 2020

Coinbase, crypto exchanges, Gemini, J.P. Morgan

J.P. Morgan has added its first cryptocurrency exchange customers, CoinDesk has confirmed after sources told The Wall Street Journal the bank signed two popular regulated exchanges – Coinbase and Gemini.…

BNY Mellon, J.P. Morgan, State Street among investors for Citi-developed proxy voting platform raising $20.5mn

May 5, 2020

BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, fundraising, HSBC, J.P. Morgan, proxymity, State Street

Highlight: Proxymity launches consortium of financial industry heavyweights and raises $20.5 million in strategic round to become its own entity. BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan,…

J.P. Morgan’s eFX trading and pricing engine goes live in Singapore

April 7, 2020

electronification, FX, J.P. Morgan, MAS

J.P. Morgan announced that its new electronic FX trading and pricing engine, designed to speed up trade executions for clients, is now live in Singapore, with support from the Monetary…

Bloomberg: J.P. Morgan’s equity derivatives team makes $1.5bn YTD

March 26, 2020

coronavirus, equity derivatives, J.P. Morgan

J.P. Morgan’s equity derivatives traders have generated roughly $1.5 billion in revenue so far this year, according to a person with knowledge of the situation who asked not to be…

Competitive analysis of the top securities borrowers from US mutual funds and ETFs (Premium)

March 10, 2020

Josh Galper

ETFs, Investments, Prime Brokerage, Securities Lending

ETFs, Goldman Sachs, J.P. Morgan, Morgan Stanley, mutual funds, Scotiabank, Securities Lending, topstory

Data collected across $6.9 trillion in assets on loan by US mutual funds and ETFs show the top borrowers of securities from end of Q4 2019. The top three are…

J.P. Morgan blockchain report tracks mainstream adoption

March 9, 2020

bitcoin, blockchain, clearing and settlement, cryptocurrencies, DLT, J.P. Morgan, MMF, stablecoins

J.P. Morgan released its annual update on the latest developments in the adoption, evolution and performance of blockchain technology and cryptocurrencies. It now includes analysis of stablecoins and the rise…

J.P. Morgan to work on quantum algos with Honeywell, quantum computer launching in 3 months

March 8, 2020

Honeywell, J.P. Morgan, Quantum Computing

Honeywell announced it will release the world’s most powerful quantum computer within the next three months. In addition, it’s made strategic investments in two leading quantum computing software providers, Cambridge…

Reuters: J.P. Morgan gives fintechs ultimatum to keep customer data access

February 17, 2020

APIs, data management, fintechs, J.P. Morgan

J.P Morgan has told financial technology companies they will be barred from accessing its customer information by July 30 unless they sign data access agreements with the bank and back…

J.P. Morgan successfully joins Eurex GC Pooling as pilot client for balance sheet netting

January 28, 2020

Josh Galper

Eurex, GC Pooling, J.P. Morgan

J.P. Morgan – one of the Eurex Partnership Program design partners and member of the new Repo Board Advisory Committee – has successfully completed onboarding for Eurex GC Pooling as…

Collateral convergence: J.P. Morgan’s Ed Corral on how triparty is changing (Premium)

December 4, 2019

Collateral Management

collateral management, Ed Corral, J.P. Morgan, topstory, triparty

Since exiting clearance of US treasuries in 2016, J.P. Morgan has turned its attention to creating one interconnected global triparty platform. We speak with Ed Corral, a managing director and…

First automated repo trade confirmation in US as Citadel, J.P. Morgan tap MarketAxess engine

November 25, 2019

automation, Citadel, J.P. Morgan, MarketAxess, Repo

MarketAxess facilitated the first repurchase agreement (repo) trade affirmation between Citadel and J.P. Morgan, marking the first automated confirmation through MarketAxess in the US. MarketAxess is the operator of an…

J.P. Morgan and Baton automate derivatives margin payments using DLT

November 14, 2019

automation, Baton Systems, collateral management, derivatives, DLT, J.P. Morgan, Margin

Baton Systems, a provider of distributed ledger-based post-trade solutions for capital markets, and J.P. Morgan have developed a solution that enables the near real-time orchestration of cash and collateral transfers…

Institutional crypto weekly roundup

November 13, 2019

AFME, Bakkt, blockchain, crypto assets, crypto custody, crypto exchanges, crypto regulation, cryptocurrencies, Cyberian, DLT, FSB, GLI, J.P. Morgan, Japan, LSEG, MAS, MUFG, Progmat, Project Ubin, security tokens, stabecoins, Temasek

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. MAS, J.P. Morgan, Temasek develop blockchain-based prototype for multi-currency payments The Monetary Authority…

Bloomberg: Dimon says regulation limited J.P. Morgan from calming repo market

October 16, 2019

Federal Reserve, J.P. Morgan, Repo

J.P. Morgan had the cash and willingness to calm short-term funding markets when they went haywire in mid-September, but the banking giant said regulations held it back. The firm has…

Citi, J.P. Morgan and SocGen join UCITS ETF platform

October 3, 2019

Barclays, Citi, ETFs, hanETF, J.P. Morgan, Societe Generale, UCITS

HANetf, Europe’s first independent ‘white label’ UCITS ETF platform has confirmed a further tranche of Authorised Participants (APs) for its range of on-platform funds: Citigroup Global Markets, JP Morgan Securities…

Blockchain Week: enterprise adoption is in the “age of consortia”

September 16, 2019

Blockchain

blockchain, crypto regulations, CSDs, DLT, Enterprise Ethereum Alliance, Fnality, ISITC, J.P. Morgan, topstory, UBS, utility settlement coin

When it comes to blockchain for enterprises, adoption is moving forward via consortium but is hitting a wall without regulations, said speakers at a recent Blockchain Week conference event in…

efinancial careers: sunsetting Python 2 is an issue for some banks

September 12, 2019

News and Notes – Fintech, Uncategorized

J.P. Morgan, software applications

The Python Software Foundation (a group of volunteers who look after the Python programming language) announced publicly that they will “sunset Python 2” as of 1 January 2020. From that…

Buy-side UST/repo clearing on FICC: risk, process and math (Premium)

July 31, 2019

cleared repo, Repo

Citadel, cleared repo, DTCC. sponsored repo, FICC, J.P. Morgan, sponsored repo, topstory

In late June, DTCC announced that Citadel had completed transactions in both cash and repo using FICC’s sponsored service, which has been expanding since 2017 to include more market participants.…

CoinDesk: J.P. Morgan adds anonymity features to its blockchain

May 31, 2019

blockchain, crypto assets, Ethereum, J.P. Morgan, Quorum

J.P. Morgan’s blockchain team has developed a privacy feature for Ethereum-based blockchains, obscuring not only how much money is being sent but who is sending it. The bank has built…

MAS’ Menon details use cases of advanced tech and ASEAN network developments

May 15, 2019

APIs, ASEAN, AXA, BBVA, Blackrock, BNP Paribas, fintech, J.P. Morgan, machine learning, MAS, Mitsubishi UFJ, OCBC, Ping An, Quantum Computing, Singapore, Societe Generale

Excerpts from speech by Ravi Menon, managing director of the Monetary Authority of Singapore, at the Bank of France Lecture, Paris, 14 May 2019. Banks are using technology to resolve…

Canada and Singapore central banks tout DLT cross-border experiment success

May 3, 2019

Accenture, Bank of Canada, blockchain, Central Bank Digital Currencies, J.P. Morgan, MAS, Quorum

The Bank of Canada and the Monetary Authority of Singapore (MAS) have conducted a successful experiment on cross-border and cross-currency payments using central bank digital currencies. The Jasper-Ubin project was carried…

Reuters: J.P. Morgan applies machine learning to FX trading

May 1, 2019

FX, J.P. Morgan, machine learning

J.P. Morgan has started applying tech that enables machine-trading programs to learn from previous trades and search for the most profitable way to execute them. The broker told Reuters its…

Santander, J.P. Morgan among members of Ethereum standards group building “token taxonomy” initiative

April 22, 2019

News and Notes – Fintech, Uncategorized

Banco Santander, blockchain, Digital Asset, Enterprise Ethereum Alliance, J.P. Morgan, tokens

The Enterprise Ethereum Alliance (EEA) announced the formation of the blockchain-neutral Token Taxonomy Initiative (TTI), which addresses the need to universally define tokens to better understand how their use and…

FT: J.P. Morgan opens IIN blockchain platform to payments and fintechs

April 22, 2019

blockchain, fintech, Interbank Information Network, J.P. Morgan, settlement

J.P. Morgan is to widen the use of the industry’s leading blockchain technology to help smooth the banking industry’s payment system while also inviting fintechs to experiment on how to…

What was said about crypto, blockchain and trust at IMF’s spring meeting

April 16, 2019

Blockchain, Technology

Benoît Cœuré, blockchain, Central Banks, Circle, crypto regulation, cryptoassets, ECB, IMF, J.P. Morgan, Kenya

In the digital currency world, there’s a phrase: “In crypto we trust”. And while IMF chief Christine Lagarde raised an eyebrow at the statement during a panel at the IMF’s…

Key takeaways from Fintech Week events

March 18, 2019

Big Data, Technology

BBVA, blockchain, BNP Paribas, cryptocurrencies, Data, Facebook, Google Payment, Hapoalim, J.P. Morgan, Lightning Network, Lithuania, QuantLR, quantum key distribution, Revolut

There was a lot going on during Fintech Week, which took place in the first week of March in Tel Aviv and Jerusalem and drew attendees from all corners of…

J.P. Morgan announces stablecoin for internal settlement

February 15, 2019

blockchain, cryptocurrencies, J.P. Morgan, settlement

J.P. Morgan this month became the first US bank to create and successfully test a digital coin representing a fiat currency. The JPM Coin is based on blockchain-based technology enabling…

Wharton: AI head at J.P. Morgan talks about bank’s initiatives

February 7, 2019

artificial intelligence, China, insurance, J.P. Morgan

J.P. Morgan hired Apoorv Saxena in August 2018 as its global head of AI and machine-learning services based in San Mateo, Calif, where he also oversees asset and wealth management…

J.P. Morgan’s crypto views may be shifting to trading acceptance

February 5, 2019

Blockchain, Technology

Bakkt, cryptocurrencies, J.P. Morgan

About a year ago, J.P. Morgan’s chief exec Jamie Dimon was making headline-grabbing statements on crypto that were received with a measure of bewilderment and dose of humor, as can…

What IBM said about AI and quantum at CES 2019

January 11, 2019

Artificial Intelligence, Technology

artificial intelligence, Barclays, Big Data, CES 2019, IBM, IBM Q, J.P. Morgan, Mizuho, Quantum Computing, QxBranch

CES, held in Las Vegas, is one of the year’s most closely watched consumer technology extravaganzas, and while financial services is not exactly spotlighted, IBM’s keynote had some announcements worth…

Goldman Sachs, Credit Suisse among investors in $17.5mn round for exceptions management fintech

December 13, 2018

AccessFintech, Citi, Credit Suisse, fundraising, Goldman Sachs, J.P. Morgan, post-trades processing

AccessFintech announced it’s closed a series A funding round and secured $17.5 million investment from Citi, Credit Suisse, Goldman Sachs and J.P. Morgan. The AccessFintech network aggregates business exceptions, and…

How electronic trading is shaping the fixed income market

December 4, 2018

Automation, Technology

AQR Capital Management, automation, electronic trading, J.P. Morgan, Jump Trading, non-bank, NY Fed, T. Rowe Price

While it’s general knowledge that electronic trading continues a relentless march on fixed income, the stats are always worth an update. The figures discussed on a recent NY Fed event…

J.P. Morgan: reinforcement learning in electronic trading

December 4, 2018

electronic trading, J.P. Morgan, reinforcement learning

The globalization of asset trading, the emergence of ultrafast information technology and lightning fast communications made it impossible for humans to efficiently compete in the routine low-level decision making process.…

CryptoGlobe: cynicism over J.P. Morgan blockchain project scaling claims

November 14, 2018

blockchain, Corda, DLT, Interbank Information Network, J.P. Morgan, Ripple Labs

J.P. Morgan’s Interbank Information Network (IIN), a distributed ledger technology (DLT) based payments solution, is reportedly “producing results at scale.” According to the Financial Times, the IIN project is progressing…

J.P. Morgan to collaborate with Wematch Interest Rates

November 7, 2018

Wematch Interest Rates has been selected to join J.P. Morgan’s In-Residence Fintech programme and will collaborate with the bank to explore ways of applying its technology at scale. The In-Residence…

J.P. Morgan-backed Mosaic launches IRS real-time analytics

August 7, 2018

interest rate swaps, J.P. Morgan, Mosaic Smart Data

FICC data analytics firm Mosaic Smart Data has added real-time analytics for interest rate swaps to its MSX platform. Live at J.P. Morgan since last year, MSX now provides real-time…

Barclays, JPM, NEX in $14mn round for voice trading on Cloud9

August 1, 2018

Barclays, Cloud9, J.P. Morgan, NEX Group

Cloud9 has completed a $14 million Series B raising, led by Barclays and including J.P. Morgan and NEX Group. Point72 is also listed as a partner on the firm’s website.…

J.P. Morgan scoops up Robeco’s seclending and asset servicing operations

January 26, 2018

asset managers, J.P. Morgan, Robeco

Robeco announced that it is outsourcing part of its operations and administration activities to J.P. Morgan, which will provide services for fund accounting, operations, custody, depositary, transfer agency and securities…

Axoni, 11 firms prove Peer to Peer blockchain for equity swaps

November 21, 2017

News and Notes, News and Notes – Fintech

Axoni, blockchain, BNP Paribas, Canada Pension Plan Investment Board, Citi, Credit Suisse, Equity Swaps, Goldman Sachs, IHS Markit, ISDA, J.P. Morgan, Thomson Reuters