Cooperation with GLMX provides customers with a wider range of financial market products
NEW YORK , Oct. 8, 2024 /PRNewswire/ — JPMorgan Asset Management today announced the expansion of its open architecture short-term investment management platform, MorganMoney, through a strategic partnership with GLMX, a global money market trading platform. Announcing enhancements. Morgan Money customers now have seamless access to GLMX’s advanced money market trading technology directly on Morgan Money. This integration will expand short-term investment options and offer a comprehensive range of money market products, including money market funds, repurchase contracts, term deposits, CDs, commercial paper, and government bonds.
Paul Przybylski, Head of Global Liquidity Products and Morgan Money at JPMorgan Asset Management “They will have access to a wide range of short-term investment options.” . “This partnership underscores our commitment to providing innovative solutions that enhance our customers’ investment capabilities and operational efficiency.”
Morgan Money is a global trading platform designed to provide robust short-term investment management solutions. Customized for institutional investors, Morgan Money enables efficient liquidity and cash investment management, helping clients achieve more with less. With $313 billion in AUM as of June 30, 2024, the platform is focused on innovation, consistently strives to deliver a superior customer experience, and is a leader in the field of treasury and cash management. This is a great solution.
“Cash as an asset class and access to diverse pools of liquidity in a single application is a consistent theme heard across global front-end markets. This partnership with JPMorgan Asset Management , a result of investors’ desire to have access to the entire investable world, “a short-term vehicle with a seamless experience,” said Glenn Havlicek, CEO and co-founder of GLMX. “We aim to collaborate with industry leaders to deliver innovative and easily accessible solutions to our collective customers, and we bring GLMX’s $3 trillion ecosystem to JPMorgan’s customer base. .”
To learn more about Morgan Money, please visit our dedicated website.
About JPMorgan Asset Management
JPMorgan Asset Management is a global leader in investment management with $3.3 trillion in assets under management as of June 30, 2024. JPMorgan Asset Management’s clients include institutional investors, individual investors, and high-net-worth individuals in every major market around the world. JPMorgan Asset Management provides global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information, please visit www.jpmorganassetmanagement.com. JP Morgan Asset Management is the marketing name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services company headquartered in the United States (“US”) with operations around the world. JPMorgan Chase has assets of $4.1 trillion as of June 30, 2024, and shareholder equity of $341 billion. The Company is a leader in investment banking, consumer and small business financial services, commercial banking, financial transaction processing and asset management. Under the JPMorgan and Chase brands, we serve millions of customers in the United States and many prominent corporate, institutional and government customers around the world. Information about JPMorgan Chase & Company can be found at www.jpmorganchase.com.
About GLMX
GLMX is the world’s leading provider of intuitive trading solutions for repo, securities lending and money markets. Global institutions with offices in North America, EMEA, and Asia Pacific rely on GLMX to help global institutions across buy and sell sides enhance market liquidity and maximize transaction lifecycle efficiency and reporting. I am.
Our global technology solutions have grown daily trading balances to over $3 trillion, making GLMX a dominant player in this market segment. This strong market position continues to grow as we diversify, extending our proven model into other market segments such as Total Return Swaps (TRS), term deposits, CDs, and commercial paper. We are also incorporating For more information, please visit www.glmx.com.
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Source JP Morgan Asset Management
