J.P. Morgan: Partnered with Calastone
- To introduce new levels of automation to money market funds via its “Morgan Money” trading platform
- The global leader in investment management with assets under management of $1.9 trillion initially use Calastone to enhance its entire settlements process
- Morgan Money the first in the market to offer automated settlements to its users via Calastone’s innovative technology
- Calastone digitalises the investment and reporting process for money market portals, fund providers and investors
- The service enables the highest levels of automation, comprising of trade placement, settlement, reporting
- The current pandemic heightened the need to adopt greater levels of automation amongst fund providers and their investors