- J.P. Morgan Asset Management recently announced a new partnership with SAP (NYSE:SAP) through the Software Solution Partner Program
J.P. Morgan Asset Management recently announced a new partnership with SAP (NYSE:SAP) through the Software Solution Partner Program. By utilizing SAP’s Cloud Platform, J.P Morgan Asset Management’s institutional liquidity management platform Morgan Money is now available to SAP customers through SAP Treasury Management — which is a solution within the SAP Intelligent Enterprise offering customers real-time cash visibility and allowing them to improve liquidity and lower risk.
What is Morgan Money? Morgan Money, is a multi-currency, open architecture trading and risk management system. And the platform is designed to deliver a seamless customer experience, centered on operational efficiency, end-to-end system integration, and effective controls to allow customers to invest when, where, and how they want in a secure way.
With assets under management of $2.2 trillion (as of 30 June 2020), J.P. Morgan Asset Management is a global leader in investment management. And J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.
KEY QUOTES:
“This is a significant partnership that harnesses the scale and expertise of two industry leaders in J.P. Morgan Asset Management and SAP to expand the reach and performance of our Morgan Money liquidity management platform. The agreement will enable SAP’s substantial Treasury Management customer base to directly access Morgan Money, delivering a real-time dashboard to invest, a single access point for operations, and enhanced risk management controls.”
— Paul Przybylski, Head of Product Strategy for Global Liquidity, J.P. Morgan Asset Management
“Corporate treasurers are looking for a streamlined customer experience. J.P. Morgan Asset Management’s SAP partnership is a great example how we enable our customers to consume innovative financial solutions and services.”
— Falk Rieker, Global Head of IBU Banking, SAP America
