NEW YORK, Sept. 30, 2020
/PRNewswire/ -- J.P. Morgan Asset Management today announced a
new partnership with SAP (NYSE:SAP) Software Solution Partner
Program. Leveraging SAP's Cloud Platform, the firm's liquidity
management platform, Morgan Money,
is now available to SAP customers through SAP Treasury Management,
a solution within the SAP Intelligent Enterprise offering customers
real-time cash visibility and allowing them to improve liquidity
and lower risk.
"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,"
said Paul Przybylski, Head of
Product Strategy for Global Liquidity, J.P. Morgan Asset
Management. "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."
"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," said Falk Rieker, Global Head of IBU Banking, SAP
America.
J.P Morgan Asset Management's institutional liquidity management
platform, Morgan Money, is a
multi-currency, open architecture trading and risk management
system. The platform, launched in 2019, 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 — securely.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management
of USD 2.2 trillion (as of 30 June 2020), is a
global leader in investment management. 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.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global
financial services firm with assets of $3.2
trillion and operations worldwide. The Firm is a leader in
investment banking, financial services for consumers and small
businesses, commercial banking, financial transaction processing,
and asset management. A component of the Dow Jones Industrial
Average, JPMorgan Chase & Co. serves millions of customers in
the United States and many of the
world's most prominent corporate, institutional and government
clients under its J.P. Morgan and Chase brands. Information about
JPMorgan Chase & Co. is available at www.jpmorganchase.com.
SAP, SAP HANA and other SAP products and services mentioned
herein as well as their respective logos are trademarks or
registered trademarks of SAP SE (or an SAP affiliate company) in
Germany and other countries. See
https://www.sap.com/copyright for additional trademark information
and notices.
All other product and service names mentioned are the trademarks
of their respective companies.
SAP Forward-looking Statement
Any statements contained in this document that are not
historical facts are forward-looking statements as defined in the
U.S. Private Securities Litigation Reform Act of 1995. Words such
as "anticipate," "believe," "estimate," "expect," "forecast,"
"intend," "may," "plan," "project," "predict," "should" and "will"
and similar expressions as they relate to SAP are intended to
identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking
statements. All forward-looking statements are subject to various
risks and uncertainties that could cause actual results to differ
materially from expectations The factors that could affect SAP's
future financial results are discussed more fully in SAP's filings
with the U.S. Securities and Exchange Commission ("SEC"), including
SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
J.P. Morgan Asset Management is the brand name for the asset
management business of JPMorgan Chase & Co. and its affiliates
worldwide. To the extent permitted by applicable law, we may record
telephone calls and monitor electronic communications to comply
with our legal and regulatory obligations and internal policies.
Personal data will be collected, stored and processed by J.P.
Morgan Asset Management in accordance with our EMEA Privacy Policy
www.jpmorgan.com/emea-privacy-policy. This communication is issued
in Europe (excluding UK) by
JPMorgan Asset Management (Europe)
S.à r.l., 6 route de Trèves, L-2633 Senningerberg, Grand Duchy of
Luxembourg, R.C.S. Luxembourg B27900, corporate capital
EUR 10.000.000. This communication is
issued in the UK by JPMorgan Asset Management (UK) Limited, which
is authorised and regulated by the Financial Conduct Authority.
Registered in England No. 01161446. Registered address: 25 Bank
Street, Canary Wharf, London E14
5JP.
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SOURCE J.P. Morgan Asset Management