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J.P. Morgan Targets Buy-Side With New Multi-Asset Portfolio Analytics

J.P. Morgan has increased its focus on the needs of buy-side clients by providing clients access to a choice of solutions across the investment lifecycle, including front-to-middle office capabilities in data, analytics, and risk.

In that context, J.P. Morgan partnered with Confluence Technologies, Inc. to further add products to the worldwide money management industry: a multi-asset portfolio analytics solution.

Delta, Confluence’s risk and performance solution, will have expanded coverage powered by J.P. Morgan’s proprietary analytics to include U.S. securitized products by Q3 2021.

Delta first became available to J.P. Morgan clients in June 2019 during the first phase of the collaboration between J.P. Morgan and StatPro, prior to Confluence’s acquisition of StatPro in October 2019.

The enhancement, to be also available via J.P. Morgan’s platform, completes the global coverage of Delta across all asset classes, further cementing Confluence’s standing in the industry, and enabling front-to-middle office decision-makers to manage risk and performance.

Richard Crozier, Head of Product for Data and Analytics at J.P. Morgan’s Securities Services, said: “The integration of J.P. Morgan’s fixed income data and expertise with the Delta product represents the next stage in our ongoing collaboration with Confluence, and a huge step forward in increasing value to our clients globally. This new phase of our partnership will ensure that we continue to offer robust and comprehensive portfolio analytics tools, a critical part of delivering a full range of integrated solutions to our clients.”

Dario Cintioli, Managing Director – Delta Division at Confluence, commented: “We’re looking forward to our continued partnership with an impactful global leader like J.P. Morgan. The combination of their U.S. asset data and analytics capabilities with our award-winning cloud-based Delta platform fills a gap in the market for a best-in-breed fixed income solution while completing its multi-asset coverage range.”

Confluence acquired StatPro for £161.1 million (over $207 million USD) in 2019, bringing together two highly complementary businesses to create a leading supplier of front, middle and back-office solutions to asset managers and administrators.

Founded in 1994, StatPro offers – under the Confluence banner – advanced portfolio analytics solutions for investment managers of any size. Its global presence, with 10 offices servicing over 450 clients in 37 countries, helped Confluence expand in the United Kingdom, continental Europe, Asia and South Africa.

J.P. Morgan has recently partnered with Calastone to introduce new levels of automation to money market funds via its “Morgan Money” trading platform.

In 2021, private markets operator Zanbato secured a strategic investment from J.P. Morgan as a first step in further aligning Zanbato’s ZX platform with its membership through equity participation.