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E-mail: Australia Super Funds Move to Automate Funds Processing

Australia’s $1.3 trillion superannuation and managed investments sector is taking a long-awaited step towards automating its complex funds processes with J.P. Morgan’s launch of a totally automated fund routing and settlement service. The new service meets the growing demand for greater efficiency in placing and tracking transactions, resulting from a significant increase in the number of global asset classes and investment vehicles available to large investors.

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