The integrated offering includes efficient movement of securities between custody and prime brokerage accounts, consolidated reporting, a single client-facing technology portal and a dedicated client service representative to support all products.
JP Morgan Prime Services global head Sandie O’Connor said that prime brokerage franchise expansion will allow international clients to have integrated access to the firm’s multiple services across asset classes.
The services has been supporting US hedge fund managers seeking flexible solutions, a strong capital base and manage risk during volatile times, Global Head of Prime Custody Devon George-Eghdami added.
The custody platform leverages JP Morgan Worldwide Securities Services (WSS), and JP Morgan Prime Brokerage franchises. JP WSS has $16.6 trillion of assets under custody
