News & Announcements
  • Treasury Services completes Electronic Bank Management central utility pilot (selected)

Treasury Services completes Electronic Bank Management central utility pilot

Feb 10, 2012

J.P. Morgan Treasury Services recently announced the completion of its Electronic Bank Management (eBAM) central utility pilot (E-CU). J.P. Morgan was one of only four banks to participate.

The E-CU pilot created a single multibank platform for multinational companies and correspondent banks to manage their bank accounts electronically, capitalizing on industry standards for eBAM.

Key features of the E-CU include:

  • One single connection to reach multiple banking partners
  • Digital signing using the SWIFT 3SKey digitally interoperable security solution
  • Multichannel access accommodates clients’ various infrastructure needs
  • Single source of country/bank documentation requirements
  • ISO 20022 message validation

Read the Press Release

 
 

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