J.P. Morgan offers daily portfolio reconciliation
29 October 2012 SIbos
Image: Shutterstock
J.P. Morgan’s Agency Clearing, Collateral Management and Execution (ACCE) business has introduced daily portfolio reconciliation for its derivatives collateral management clients.
The product, available through ACCEs TriOptima partnership, enables clients to use secure FTP technology and exchange trade files through the triResolve service.
John Rivett, global collateral management business executive for ACCE, said: “Daily portfolio reconciliation minimises delays in identifying valuation differences, trade booking errors and other potential discrepancies. This lessens the likelihood of disputes and helps clients accelerate the resolution of any potential queries.”
The product, available through ACCEs TriOptima partnership, enables clients to use secure FTP technology and exchange trade files through the triResolve service.
John Rivett, global collateral management business executive for ACCE, said: “Daily portfolio reconciliation minimises delays in identifying valuation differences, trade booking errors and other potential discrepancies. This lessens the likelihood of disputes and helps clients accelerate the resolution of any potential queries.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
