J.P. Morgan expands liquidity management capabilities with launch of Unitized Time Deposits in Asia Pacific
Nov 08, 2012
With the launch of its Unitized Time Deposit (UTD) investment capabilities in Asia Pacific, J.P. Morgan Treasury Services has added to its suite of innovative liquidity management solutions.
Designed and developed to help corporate clients address the challenge of forecasting past short-term maturities (i.e. past 7 days), the fully-automated Unitized Time Deposit investment solution allows funds to be layered in tranches with what is effectively a rolling daily maturity. In addition to providing greater flexibility in terms of liquidity, Unitized Time Deposits also generally provide a more attractive yield when compared with other short-term investments such as interest bearing demand deposit accounts (DDAs) and traditional time deposits, while at the same time leveraging J.P. Morgan’s strong counterparty rating.