JPMorgan Worldwide Securities Services Launches New Performance Measurement & Analytics System; New JPMorgan System Helps Institutional Investors Maximize Returns.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- JPMorgan Worldwide Securities Services today announced the launch of its new Performance Measurement & Analytics Reporting system, one of the industry's most comprehensive and flexible tools to help institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. maximize returns. The system is now available to JPMorgan's performance measurement clients, which include more than 200 of the largest investment management, pension and endowment funds Endowment funds Investment funds established for the support of institutions such as colleges, private schools, museums, hospitals, and foundations. The investment income may be used for the operation of the institution and for capital expenditures. and insurance firms in the world. JPMorgan's new Performance Measurement & Analytics Reporting system offers extensive capabilities for risk calculations, broader performance and attribution analyses, greater ability to customize investment reports and much more flexibility to manage performance analyses. The system is designed so performance managers, analysts and institutional investors can analyze the effectiveness of their portfolio strategies. "JPMorgan's new Performance Measurement & Analytics system is a big breakthrough," said Craig Heatter, head of JPMorgan's Performance Measurement, Analytics, Compliance and Risk Management Group. "We have created what will be seen as the superior system available in the industry, with the largest selection of analytical tools available to evaluate and compare the performance of accounts." The new JPMorgan Performance Measurement & Analytics system offers the ability to integrate with some of the best data and technology firms in the business such as Wilshire Associates, Black Rock, MSCI, FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. , Informa, Risk Metrics and Zephyr Zephyr or Zephyrus: see Eos. . The system also includes advanced multi-tiered technology that allows extensive customization of client reporting including: --More extensive risk calculations - A wide range of risk metrics with analytics and performance sensitivity. Ability to calculate the bifurcation Bifurcation A term used in finance that refers to a splitting of something into two separate pieces. Notes: Generally, this term is used to refer to the splitting of a security into two separate pieces for the purpose of complex taxation advantages. of returns to show market gain or loss. Advanced statistical and risk analysis to calculate and access analytics such as risk-adjusted returns, information ratio, up/down market analysis, calculated Betas and regression analyses as well as more traditional measures such as standard deviation In statistics, the average amount a number varies from the average number in a series of numbers. (statistics) standard deviation - (SD) A measure of the range of values in a set of numbers. --Broader performance and attribution calculations - Attribution analysis allowing for customized and blended benchmarks and standard indices. Flexibility to match the investment process with asset class, region, country, sector or security. Fixed income attributions Fixed income attribution refers to the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time. can also be calculated. The system supports Karnosky-Singer Attribution Model for country attribution. --Greater customization of reports - Each client user and fund manager will be able to define and apply their own approach to classifying and analyzing their portfolio's positions. --The ability to provide required complex derivative and security information to provide state of the art derivative reporting for regulatory and audit firms. JPMorgan's Performance Measurement tools deliver information to clients through a client-only, password-protected Web site or through hard-copy reports. Data may be analyzed by security, account, combination of accounts, composite, asset class, industry, economic sector, and country or security type for any time period. "The Performance Measurement system is the first in a series of strategic initiatives by JPMorgan to develop client friendly, user friendly and market-leading client reporting tools," Heatter said. The Performance Measurement & Analytics service is the second in a series of new services added to JPMorgan's VIEWS platform, which offers the industry's best-in-class technology for reporting, research and analytical applications. The first service added recently was JPMorgan E-Tax, a comprehensive collection of global tax news, intelligence and information. These services are all available via JPMorgan ACCESS. About JPMorgan Worldwide Securities Services JPMorgan Worldwide Securities Services, a division of JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. Bank, N.A., is a global leader in providing innovative products and services to the world's largest institutional investors and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 80 markets to help clients optimize efficiency, mitigate risk and enhance revenue through custody and investor services as well as securities clearance and trust services. JPMorgan Chase & Co. is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm with assets of $1.2 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , asset and wealth management, and private equity. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and many of the world's most prominent corporate, institutional and government clients. Information about JPMorgan Chase is available on the Internet at www.jpmorganchase.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion