System designed to help boost returns is offered to more institutional investors
New York, August 13, 2007 – JPMorgan has enhanced its performance measurement and analytics technology for companies who want to use their own accounting and custody data.
JPMorgan has redesigned its Investment Analytics & Consulting technology and services, so it can offer detailed security-level, multi-currency performance measurement and analytics to insurance companies, asset managers and pension and endowment fund executives using third-party data. Users will be able to access customized reports - with details for all asset classes, sectors and countries - online via JPMorgan’s VIEWS Portfolio Reporting application.
"Asset managers need more granularity than ever before to maximize their portfolio’s performance and conduct thorough oversight," said Craig Heatter, head of JPMorgan’s Investment Analytics & Consulting (IAC) group. "JPMorgan’s experienced team and enhanced technology can reveal patterns and trends that will help them make more informed investment decisions."
David Remstein, Global Technology Executive for JPMorgan IAC, said: "Users will be able to easily access highly customized reports with some of the broadest and deepest levels of detail on investment performance available in the industry today. The added intelligence should help our clients better understand the status and effectiveness of all their investments. And the application allows them to quickly analyze a portfolio across multiple investment managers."
IAC provides services globally to more than 200 clients with 6,500 portfolios and $1.5 trillion in assets. Daily performance returns are calculated on more than $500 billion in assets for institutional clients that include corporate and public pensions and treasuries, investment managers, insurance companies, endowments and foundations, and central banks. For more information go to www.jpmorgan.com/visit/IAC
IAC services include daily and monthly performance measurement reporting, analytics and attribution, ex-ante risk management (including Risk Budgeting and security-level VaR); investment manager analysis, universe comparison, and peer grouping; and consultative services in the areas of asset liability and plan allocation strategy, manager search, and liability-driven investments.
About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $15.2 trillion in assets under custody. JPMorgan provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services. For more information, please visit www.jpmorgan.com/wss.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.5 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.
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