J.P. Morgan Introduces Collateral Management Tool

J.P. Morgan has updated its collateral management business to help clients navigate new industry regulations by introducing Collateral Central. The real-time service provides clients with advanced asset tracking, margin management, proprietary optimization algorithms and analytics to support collateral activities across a wide range of derivatives, securities and cash transactions.

Collateral Central introduces a virtual global longbox for J.P. Morgan clients—a single, comprehensive view of their collateral assets and obligations—as well as access to dedicated experts with whom they can discuss their collateral situation in real time. Clients ultimately make their own strategic collateral decisions and execute their transactions through Collateral Central.

Kelly Mathieson, J.P. Morgan’s global head of collateral management, said: “For the first time, clients can manage and optimize their entire collateral portfolio, regardless of counterparty, custodian or clearing bank and across all supported geographies. J.P. Morgan is the only collateral agent able to offer this comprehensive global solution.”

Ricky Maloney, co-head of service delivery for IGNIS Asset Management, notes that, “Under the new regulatory framework, collateral has become very valuable to us as an institution. Understanding all the assets we hold, and the margin and other obligations that need to be met, allows us to manage our collateral optimally.”