Collaboration with GLMX to offer clients a
broader range of money market instruments
NEW
YORK, Oct. 8, 2024 /PRNewswire/ -- J.P. Morgan
Asset Management today announced an enhancement to its open
architecture, short-term investment management platform,
Morgan Money, through a strategic
partnership with GLMX, a global money market trading platform.
Morgan Money clients can now
seamlessly access GLMX's advanced money market trading technology
directly on Morgan Money. The
integration will broaden short-term investment options and offer a
comprehensive suite of money market instruments, including money
market funds, repurchase agreements, time deposits, CDs, CP, and
government securities.
"Morgan Money clients will now
have access to a wider range of short-term investment options while
also benefiting from our cutting-edge research and analysis tools,"
said Paul Przybylski, Head of
Product and Morgan Money for Global
Liquidity, J.P. Morgan Asset Management. "This collaboration
underscores our commitment to providing clients with innovative
solutions that enhance their investment capabilities and
operational efficiency."
Morgan Money is a global trading
platform designed to offer robust short-term investment management
solutions. Tailored for institutional investors, Morgan Money enables efficient liquidity and
cash investment management, helping clients achieve more with fewer
resources. The platform, which has $313
billion in AUM as of 6/30/2024, is committed to innovation
and consistently strives to deliver an exceptional client
experience, making it a forward-looking solution in the realm of
treasury and cash management.
"Cash as an asset class and access to diverse liquidity pools in
a single application are consistent themes we hear across the
global front-end markets. This collaboration with J.P. Morgan Asset
Management is a result of investors' desire to access the entire
investable universe of short-term instruments with a seamless
experience," said Glenn Havlicek,
CEO and Co-founder of GLMX. "We bring GLMX's $3 trillion ecosystem to J.P. Morgan's client
base as we seek to collaborate with industry leaders to provide
innovative and easily accessible solutions for our collective
clients."
To learn more about Morgan Money,
visit its dedicated website.
About J.P. Morgan Asset Management
J.P. Morgan Asset
Management, with assets under management of $3.3 trillion, as of June
30, 2024, is a global leader in investment management. J.P.
Morgan Asset Management's clients include institutions, retail
investors and high net worth individuals in every major market
throughout the world. J.P. Morgan Asset Management offers global
investment management in equities, fixed income, real estate, hedge
funds, private equity and liquidity. For more information:
www.jpmorganassetmanagement.com. J.P. Morgan Asset Management is
the marketing name for the asset management businesses of JPMorgan
Chase & Co., and its affiliates worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial
services firm based in the United States
of America ("U.S."), with operations worldwide. JPMorgan
Chase had $4.1 trillion in assets and
$341 billion in stockholders' equity
as of June 30, 2024. The Firm is a
leader in investment banking, financial services for consumers and
small businesses, commercial banking, financial transaction
processing and asset management. Under the J.P. Morgan and Chase
brands, the Firm serves millions of customers in the U.S., and many
of the world's most prominent corporate, institutional and
government clients globally. Information about JPMorgan Chase &
Co. is available at www.jpmorganchase.com.
About GLMX
GLMX is a leading global provider of
intuitive trading solutions for repo, securities lending, and money
markets. With offices in North
America, EMEA and Asia-Pacific, global institutions across the
sell- and buy-side rely on GLMX for enhanced market liquidity and
to maximize trade lifecycle efficiency and reporting.
Our global technology solution has driven over $3 trillion in daily trading balances, making
GLMX the dominant player in this market segment. This powerful
market position continues to expand as we diversify, taking our
proven model into other market segments such as Total Return Swaps
(TRS), and Time Deposits, CDs, and Commercial Paper. For more
information, please visit www.glmx.com.
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SOURCE J.P. Morgan Asset Management