J.P. Morgan Treasury Services launches J.P. Morgan ACCESSSM mobile capabilities in Asia Pacific
Feb 28, 2012
Sydney – As part of the firm’s ongoing focus on combining its global solutions and network with a strong domestic presence, J.P. Morgan Treasury Services has unveiled its J.P. Morgan ACCESSSM Mobile banking platform in Asia Pacific, giving Australian and New Zealand cash management clients the ability to view balance and transaction information at any time via smartphones and tablets.
Multinational companies, large domestic enterprises, institutional investors and mid-sized corporates can now utilise the benefits of J.P. Morgan ACCESS Mobile for accounts located in Australia, New Zealand, Indonesia, Japan, Singapore and Thailand. Additional markets will follow this year.
J.P. Morgan ACCESS Mobile features include:
- The ability to view multicurrency cash balances, transaction details and alerts for J.P. Morgan ACCESS and third-party bank accounts in key Asian markets and globally
- A one-of-a-kind ‘Quick Decision’ feature, which allows clients to project cash positions based on anticipated transactions and target balances at the account level
- Customisable business critical alerts which assist clients in taking immediate action and making important decisions on the go
J.P. Morgan ACCESS Mobile is part of J.P. Morgan’s global technology innovation program. The firm is committed to transforming the front end customer experience by integrating through to the back end infrastructure to make application suites more productive, efficient and timely.
Nadia Schiavon, Head of J.P. Morgan Treasury Services, Australia & New Zealand said, “Security is of the utmost importance when accessing and handling any cash management activity. J.P. Morgan ACCESS Mobile uses secure encryption and secondary authentication which allows the user to terminate and erase all information on the screen if the application does not respond for more than just a few minutes. The device can also be quickly deactivated if it is lost of stolen.”
According to Christine Barry, Research Director at Aite, “Corporate treasurers need easy access to actionable data to effectively manage their cash flow. J.P. Morgan ACCESS Mobile’s easy-to-use interface offers not only a snapshot of their global cash and investment account balance, but also innovative ‘Quick Decision’ functionality to securely perform strategic transactions, anytime, anywhere.”
Ms. Schiavon also noted: “J.P. Morgan ACCESS Mobile will become an essential part of the corporate treasurer’s toolkit in light of growing demand for real-time information and enhanced access to core business platforms.”
A number of significant enhancements to mobile capabilities are planned, including among others, wire payments approvals and multi-language navigation in simplified and traditional Chinese, Japanese, and Spanish. Updates will be announced as they become available.
Details on all mobile applications can be found at www.jpmorgan.com/mobile.
In Australia, J.P. Morgan is one of the few fully integrated banks with leadership positions across custody and securities services, cash management, mergers and acquisitions, debt capital markets, derivatives, equities and equity capital markets. Services available in AUD and multiple foreign currencies include payables and receivables management, liquidity management and electronic banking.