Tom Secaur recently sat down with FundFire to discuss J.P. Morgan's SimCorp integration. Custodian and vendor partnerships have greatly accelerated in recent months, Tom comments.
“Those…large asset servicing custodian banks, every single one of them have done a deal like this in the past two years. It’s not something that we saw before.”
J.P. Morgan said the partnership allows mutual clients real-time data access and will alleviate some new challenges from remote-work and reduce operational risk.
For more on this move, read the full article here.