J.P. Morgan Asset Management, Kyriba to enhance Morgan Money platform
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- JPMorgan Chase’s (NYSE:JPM) asset management arm teamed up with Kyriba, which specializes in liquidity performance, to enhance its Morgan Money platform, a short-term investment management solution with more than $300B in assets under management, the company said on Wednesday.
- The integration aims to streamline liquidity management processes, enhance the management of critical trading and accounting workflows, and provide real-time visibility into cash flow balances, they said.
- Clients of Morgan Money and Kyriba will have access to the new features starting on Wednesday. Its new capability is designed to offer improved cash visibility and forecasting, enhancing operational efficiencies across automated and self-directed cash management, payments, and investments.
- “By leveraging technology, we are simplifying the trading process for our clients and we look forward to expanding our capabilities with Kyriba,” said Paul Przybylski, global head of product and Morgan Money at J.P. Morgan Asset Management.
- JPMorgan Chase (JPM) stock slipped 0.3% in midday trading.