Asset Servicing
Q1
This effort moved Corporate Actions and Class Actions to North America Data Centers, utilizing state-of-the-art technology.
What is the GMC Inspire Migration?
Q2
As a result of enhancements to the Money Transfer platform, JPMWM advisors can now store "these" to streamline future payments.
What is the standing instructions feature?
The Ineligible Asset Review team received this rating on their audit, highlighting the pre-review ticket process and other aspects of the FRB migration.
What is Strong?
Q1
This tool combines Alteryx, Tableau, and Excel Macro to identify trends in late payments, saving approximately 6 hours monthly through automation.
What is the Aged Receivable Tool?
Q1
DAILY DOUBLE
This initiative led to a reduction in manual bookings and touches, increasing STP from 75% to ~96% and reducing fails by ~60% on T+1 transaction reconciliation.
What is the MOS Decom?
In order to protect the Firm, partnered with CIB to implement "these" as a way to identify large, high-risk, or broad impacting errors made by managers and advisors.
What are corrections thresholds?
Q2
DAILY DOUBLE
This project leverages LLM and AI to consume and convert Corporate Action SWIFT messages into client friendly documents, as well as helping to prioritize team work.
What is Project SWIFTLY?
Q1
Transfer team reduced the remediation time of ACAT fails between SCPP and OMNI by this much.
What is an 85% reduction?
Q2
With the introduction of this framework, the securities monitoring team has successfully exited 450 positions that were violating a Firm policy.
What is the Penny Stock framework?
Q2
This number of funds have been onboarded to the MFRS Platform as part of the FRB Conversion accounting for 48% of the total requested 218 funds.
What is 104 funds?
Q2
Fixed Income MO Automated the bookings of transactions in this product, which reduced 500 manual entries per week.
What are Mortgage Backed Securities?
Q2
DAILY DOUBLE
The EQ MO team partnered in the launch of this key product that allows clients to move away from trading strictly by share quantity.
What is Dollar Based Trading?
Q2
This "direct to client" tool, being used by 60% of USPB flow, allows clients to make their own selection on corporate action events.
What is Connect Elect?
These enhancements provide advisors with a list of their "to-dos" and access to an eligible security list for ACAT transfers.
What are the Funding Connect Action Center and Asset Screener?
Q2
DAILY DOUBLE
This system has replaced email for requests to add / remove account restrictions.
What are Workhub tickets?
Worked with third-party Money Market Funds to ensure "this" data attribute was accurate; reducing manual intervention to support trades.
What is the correct Fund investment minimums?
Q2
The MOS decom added cancel correct STP from Connect and replay ability for trades, reducing dependency on CIB teams by this much and ensuring end-to-end audit trail sync.
What is a 99% reduction?
Q2
As part of the Flutter ADR / ODR conversion, EQ MO handheld and processed this many individual client requests.
What are 250 ADR Conversions?
Q2
The Class Actions Migration from Cassandra to this tool replaced the unstable database, reducing risk and technology costs by 65% while improving scalability.
What is Aurora PostgreSQL?
Q2
DAILY DOUBLE
This product, now live for Private Bank, offers clients increased borrowing ability and buying power by removing the RegT constraint.
What is Portfolio Margin?
By aligning Order Rules with Solutions Desk trading limits, Review and Release team has increased daily STP client orders by this many.
What is 100 orders per day?
Q2
DAILY DOUBLE
Coordinated with JPMWM business and brokerage technology to enable STP for these types of trades, removing a manual process and improving advisor and client experience.
What are Interval Fund Trades?
Implemented controls around excessive markups and missing NR flags, reducing post-settlement corrections by this many per week.
What is 40 per week?
This automation unlocked 330 hours of annual capacity by removing a manual trade booking process performed in JUNO.
What is the Equity Top account allocation automation?