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JP Morgan rolls out new liquidity management platform

Clients will be able to view JP Morgan global cash and investment balance information by legal entit

JP Morgan Treasury Services, a division of JP Morgan Chase, has rolled out a new liquidity management platform to provide improved liquidity capabilities including the new client-facing liquidity portal throughout Asia and Europe.

With the liquidity portal, JP Morgan Access Liquidity Solutions, clients will be able to view JP Morgan global cash and investment balance information by legal entity, country and currency globally in real time, as well as balances at third-party banks.

The portal helps clients to view and manage cash concentration structures online, with real-time details on account balances and intercompany lending and borrowing positions. Portal will also initiate investments online and monitor investments made with JP Morgan globally.

The solution also offers access to standard and on demand reports with the ability to customize entitlements to monitor workflow and enhance security.

Moreover, JP Morgan will continue to roll-out new capabilities throughout 2011 in the US, Canada, Europe and Latin America with additional locations in Asia, the bank said.

JP Morgan Liquidity Management Business head Randy White said that the company has made a significant investment in developing a single global platform that delivers the real-time information clients need to make effective liquidity and investment decisions, and the tools to put those decisions into action.