Saturday, December 14, 2024

J.P. Morgan & AccessFintech: Launch Real-Time Payment Statuses for the Buy-Side

  • AccessFintech uses technology to evolve the financial industry operating model Its aim to transform the model to drive control, transparency, efficiency
  • Extended its partnership with J.P. Morgan to include real-time transparency to payment statuses and workflow for dividend
  • The addition of payment statuses compliments J.P. Morgan’s existing solution which provides buy-side clients visibility to real-time trade statuses
  • The post-trade transaction lifecycle is a significant driver of operational inefficiency for buy-side clients, due to insufficient status transparency
  • J.P. Morgan built real- time statuses and workflow for trades and payments, allowing buy-side clients to have proactive visibility to their full suite
  • The offering provides market statuses and enhanced commentary from J.P. Morgan on payments, including action ownership

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