Undeterred by the embarrassment Global Crossing caused SWIFT by plunging into Chapter 11, JP Morgan Chase has signed up Qwest Communications to provide its worldwide operations with secure telecommunications services.
Qwest’s network services will enable JPMorgan Chase to use data and voice communications services to streamline business operations and reduce costs associated with information technology.
“Given JPMorgan Chase’s worldwide presence, our network provider must have global capabilities and a high level of security and reliability,” said Doug Rennie, managing director, J.P. Morgan Chase & Co. “Qwest’s worldwide network and service quality were important elements in our decision to go with them.”
“We’re pleased that such an esteemed financial services company as JP Morgan Chase has chosen Qwest’s services,” said Shaun Gilmore, executive vice president, Qwest Global Accounts. “We are confident that Qwest will exceed JPMorgan Chase’s expectations and deliver a valuable return on investment.”