Banking giant and rising FinTech player look to create a zero-touch settlement payment process with a digital workflow for collaborative dispute resolution.
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.
Providing real-time data services for its buy-side clients has been a core focus area for JP Morgan's securities services business.
The FinTech firm has signed a partnership with Clearstream and has secured the commitment of Janus Henderson Investors which will use its CSDR solution.
The launch of the platform marks the latest success for AccessFintech, which originated from JP Morgan’s FinTech incubator and went live just six months ago.