SimCorp is collaborating with J.P. Morgan’s securities services to provide mutual clients with front-to-middle office and custody integration. The integration is live at an asset owner in Asia-Pacific and is designed to address costly and fragmented investment processes that contribute to operational risk by automating workflows and increasing data transparency.
The companies suggest post-trade processing is a natural starting point with the integration of SimCorp’s software-enabled services and J.P. Morgan’s securities services enabling value generation and easing operational pain points by delivering interoperability and transparency in the front office, middle office and custody. The sharing of intra-day, multi-asset data will enhance investment workflows, and support improved automation and a better user experience. Augmented exception commentary provides compliance teams with greater context, indicating action for faster settlement and reducing the number of failed trades in the market.
Marc Schröter, senior vice president, global product management at SimCorp, says: “Timely and agile access to consistent data is essential to address some of the pain points on the buy-side. The collaboration with J.P. Morgan strengthens our continued industry collaboration with global asset servicers and custodians. The value created in these partnerships goes beyond data and operations to deliver reduced cost and risk, while supporting investment decision making and optimising operational agility.”
Naveen TV, managing director in securities services, J.P. Morgan, adds: “One of the key buy-side challenges is the fragmented experience firms have in integrating their investment management processes across the investment chain and through to custodial services. The integration with SimCorp enables mutual clients with seamless data delivery across both SimCorp Dimension and J.P. Morgan’s securities services.”