Ultimate magazine theme for WordPress.

JP Morgan AM and Trovata are partnering to help traders navigate rising interest rates

JP Morgan Asset Management and bank-affiliated platform Trovata have partnered to help mutual clients use Morgan Money’s services to access higher returns on corporate investments amid rising interest rates.

Morgan Money’s corporate investing and trading solution is hosted by Trovata as the first third-party app on its platform.

The partnership will allow mutual clients to determine their liquidity needs using Trovata, and then use Morgan Money’s services to take investment action.

Users can transact across their global portfolio in real time and compare funds across multiple managers, currencies, maturities or settlement options.

Morgan Money will also provide investment balances and transactions that feed into Trovata in real-time so operational and investment activities can be monitored and managed in one place.

“Now more than ever, corporate treasury investors need a fully integrated trading solution for their liquidity needs,” said Paul Przybylski, head of product strategy and Morgan Money at JP Morgan Asset Management.

“Bringing together two of the newest and fastest growing experiences in corporate finance and treasury provides a powerful combination for our clients.”

Trovata’s platform offers users the ability to organize banking transactions into their various cash flow types, allowing customers to create liquidity forecasting models, which are essential for determining liquidity thresholds. With this information, finance and treasury professionals can invest excess cash with Morgan Money.

With interest rates soaring, companies could potentially earn up to 3-4% in low-risk interest income, or “yield,” on their idle cash from operations, the two companies claimed in a statement.

“Finance and treasury clients are looking to automate and streamline their day-to-day work,” said Brett Turner, founder and CEO of Trovata.

“Work tools need to be newer, smarter, faster, easier to use and easier to set up. We expect Trovata and Morgan Money to be the modern toolbox for managing cash and investments.”

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers

Comments are closed.

%d bloggers like this: