J.P. Morgan has announced a new partnership with digital securities lending platform Sharegain.
The bank said that the new partnership will give wealth managers in over thirty countries worldwide access to digital securities via Sharegain’s software.
Commenting on the news Harpreet Bains, global head of product management, J.P. Morgan’s Agency Securities Finance division, said: “This exciting collaboration enables J.P. Morgan to address the growing needs of the aggregator segment, which is increasingly searching for scalable solutions to offer securities lending to their end customers without the time and cost burden of implementing complex technology.”
Bains said that customers using the service will be able to monetise a new supply of lending, adding that it plans to address some of the complexities involved when financial organisations expand their services to include securities lending.
The move comes after J.P. Morgan recently revealed it has 300 AI use cases in production spanning risk, prospecting, marketing, customer experience and fraud prevention, with the bank’s chief executive Jamie Dimon lauding the technology as “ground breaking”.
Latest News
-
UK banks and mobile networks launch new tool to tackle APP fraud
-
NatWest and Mastercard roll out mobile virtual card for businesses
-
Lloyds first UK bank awarded with ‘fertility friendly accreditation’
-
BBVA to offer executives genAI training
-
90% of global payment cards to ‘feature sustainable materials’ by 2029
-
Goldman Sachs works with quantum scale-up to research options pricing algorithm
Safeguarding economies: DNFBPs' role in AML and CTF compliance explained
Join FStech editor Jonathan Easton, NICE Actimize's Adam McLaughlin and Graham Mackenzie of the Law Society of Scotland as they look at the role Designated Non-Financial Businesses and Professions (DNFBPs) play in the financial sector, and the challenges they face in complying with anti-money laundering and counter-terrorist financing regulations.
Ransomware and beyond: Enhancing cyber threat awareness in the financial sector
Join FStech editor Jonathan Easton and Proofpoint cybersecurity strategist Matt Cooke as they discuss the findings of the State of the Phish 2023 report, diving into key topics such as awareness of cyber threats, the sophisticated techniques being used by criminals to target the financial sector, and how financial institutions can take a proactive approach to educating both their employees and their customers.
Click here to read the 2023 State of the Phish report from Proofpoint.
Click here to read the 2023 State of the Phish report from Proofpoint.
Cracking down on fraud
In this webinar a panel of expert speakers explored the ways in which high-volume PSPs and FinTechs are preventing fraud while providing a seamless customer experience.
Future of Planning, Budgeting, Forecasting, and Reporting
Sage Intacct is excited to present FSN The Modern Finance Forum’s “Future of Planning, Budgeting, Forecasting, and Reporting Global Survey 2022” results. With participation from 450 companies around the globe, the survey results highlight how organisations are developing their core financial processes by 2030.
 - Purple.png)
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories