- The Securities Services business of J.P. Morgan (NYSE: JPM) has announced: “Fusion by J.P. Morgan.” These are the details.
The Securities Services business of J.P. Morgan (NYSE: JPM) has announced: “Fusion by J.P. Morgan,” which is a data platform that delivers end-to-end data management and reporting solutions for institutional investors. Fusion is going to enable clients to seamlessly integrate and combine data from multiple sources into a single data model that delivers the benefits of scale and reduced costs, along with the ability to more easily unlock timely analysis and insights.
Fusion’s open data architecture supports flexible distribution like partnerships with cloud and data providers, all managed by J.P. Morgan data experts. And building on Securities Services’ global operating model and rich data foundation as an industry-leading custodian, fund administrator, and middle office outsourcing provider, Fusion is going to combine position and transaction information with the client’s own data along with data from trusted third-party vendors and partners. The platform’s single data model enables clients to extend the breadth and depth of their data, and query the relevant information with powerful analytics tools to aid in decision-making.
KEY QUOTES:
“Data management is a key strategic focus for our clients and we are committed to supporting them on their data journey. We’ve established a dedicated Data Solutions business within Securities Services led by industry experts, and through Fusion, we are developing a differentiated, cloud-native platform to help clients manage and leverage their data in a scalable, efficient way.”
– Teresa Heitsenrether, Global Head of Securities Services, J.P. Morgan
“Investment managers use a wide range of data sources with varying formats to run their business but the effort to gather, clean, and organize this data is often manual and resource-intensive. We are designing Fusion to remove the friction and make data instantly usable for our clients. By partnering with leading industry providers, we are streamlining the data onboarding process, enabling clients to browse, visualize and access their data in the cloud or directly within their own applications”
– Gerard Francis, Head of Data Solutions, Securities Services, J.P. Morgan
