J.P. Morgan Caps Strong 2010 with The Asset’s Marquee ’Best Securities & Fund Services Provider’ Award
HONG KONG, - J.P. Morgan Treasury & Securities Services (“TSS”) has capped a strong 2010 with a slew of year end awards recognizing the firm’s commitment to its clients and its leadership position across the Asia Pacific region.
Among the awards, J.P. Morgan was named ’Best Securities & Fund Services Provider’ at The Asset’s gala ’Triple A Transaction Banking Awards’ ceremony in Hong Kong. The honor, which was awarded to J.P. Morgan for a second consecutive year, underscored the firm’s ability to respond to the changing requirements of increasingly demanding institutional investors. J.P. Morgan received 13 awards from The Asset recognizing the firm’s performance over 2010, with Jane Perry, Head of Treasury & Securities Services, Australia, notably being named ’Custodian Banker of the Year - Australia’. Other awards included:
Best DR Bank (third consecutive year)
Best Cash Management Specialist - Financial Institutions (seventh consecutive year)
Best Cash Management Specialist - Liquidity Solutions (eighth consecutive year)
Best in Tri-party (second consecutive year)
Best Sub-custodian in Taiwan (second consecutive year)
Best Transaction Bank (Foreign) - Australia (third consecutive year)
Best Transaction Bank (Foreign) - Japan (third consecutive year)
Best Cash Management Bank - Australia (third consecutive year)
Best Cash Management Bank (Foreign) - Japan (third consecutive year)
Rising Star Trade Finance Bank - Taiwan
Best ECA-backed Facility - Air India
In other awards for 2010 recently announced, Asian Investor, one of the region’s leading publications for the asset management industry, also handed J.P. Morgan the magazine’s marquee ’Best Asset Service Provider’ award, as well as its ’Best Securities Financing’ and ’Best Transition Management’ awards.
The Asian Banker also highlighted the firm’s success in delivering its global platform, with a series of awards including ’Achievement Award for Best Transaction Banking Business’, ’Achievement Award for Payments and Clearing’ and the ’Achievement Award for US Dollar Clearing’.
Within China, the firm was also named ’Most Innovative Bank / Best RMB Cross-border Trade Settlement Bank’ by readers of CFO World China magazine late last year.
Tom DuCharme, Chief Executive Officer, Asia Pacific, J.P. Morgan Treasury & Securities Services, said: “This continued recognition is testament to our unwavering focus on our clients across the region and the world. By understanding their business, we’ve been able to shape an approach that drives product and service innovation and delivers a holistic solution that helps our clients grow their business. To our clients - we thank you for your continued support.”
About J.P. Morgan Treasury Services
J.P. Morgan’s Treasury Services business is a full-service provider of innovative cash management, trade, liquidity, commercial card and escrow services -- specifically developed to meet the challenges treasury professionals face today. More than 135,000 corporations, financial institutions, governments and municipalities in over 180 countries and territories entrust their business to J.P. Morgan. J.P. Morgan Treasury Services is one of the world’s largest providers of treasury management services and a division of JPMorgan Chase Bank, N.A., member FDIC. More information can be found at www.jpmorgan.com/ts.
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, WSS leverages the firm’s global scale, leading technology and deep industry expertise to service investments around the world. It has $16.1 trillion in assets under custody and $7.3 trillion in funds under administration. For more information, go to www.jpmorgan.com/wss.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers 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.
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