JP Morgan’s new ADGM license broadens securities services capabilities in Middle East
The ADGM license will enable the US bank to provide a more complete suite of products and services to clients directly in Abu Dhabi.
The ADGM license will enable the US bank to provide a more complete suite of products and services to clients directly in Abu Dhabi.
The US bank is building out a new client services team focused on delivering a global securities services model for asset managers.
JP Morgan has hired a 30-year veteran and GC Legend to oversee its activities with sub-custodians across the Europe, Middle East and Africa (EMEA) region.
Custodian invests in widely backed collateral mobility platform and will also connect its agency securities lending business to HQLAx.
Alternatives fund administrator Ocorian has hired JP Morgan's former head of global custody in a newly created role, overseeing product development and sales.
At the core of JP Morgan’s ETF servicing strategy has been a multi-year programme to enhance its technology and provide near real-time data.
The integration aims to tackle costly fragmented investment and post-trade processes that contribute to operational risks such as high settlement trade fails.
New appointment reflects a commitment to the UK funds market for CACEIS and its shareholders, Credit Agricole and Santander.
The US bank has partnered with a range of data and analytics vendors as it looks to build out its trade data network for securities services clients.
The partnership is the latest by JP Morgan as it looks to provide full investment lifecycle data products to its buy-side clients.