Jpmorgan unveils portfolio reconciliation for DCM
OSAKA: J.P. Morgan’s Agency Clearing, Collateral Management and Execution (ACCE) business, a unit of the Corporate & Investment Bank, today introduced daily portfolio reconciliation for its derivatives collateral management clients. The product is available through ACCE’s ongoing partnership with TriOptima, provider of the market’s leading derivatives portfolio reconciliation service, triResolve. JP Morgan utilizes secure FTP technology to exchange trade files, becoming the first collateral agent to offer this additional level of security to its clients. John Rivett, Global Collateral Management Business Executive for ACCE.