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J.P. Morgan’s Treasury Online Adds New Netting And Cash Forecasting Apabilities


Enhanced Solution Helps Organizations Further Improve Cash and Risk Management Operation

NEW YORK - J.P. Morgan announced today that it has added new enhancements to Treasury OnLine, its customizable set of online treasury management tools that enables corporate treasury centers to more effectively manage cash, risk and foreign exchange trading across multiple business units. With Treasury OnLine’s real-time reporting, workflow and transaction capabilities, international organizations are given a holistic view of their cash position and risk exposure, resulting in greater insight into their currency and foreign exchange exposures.

Treasury OnLine has been enhanced with new real-time, inter-company netting functionality along with new cash flow forecasting capabilities to help organizations further improve cash management operations. These new enhancements have been fully integrated with Treasury OnLine’s existing risk analysis and foreign exchange (FX) trading functions. Treasury OnLine was developed by J.P. Morgan’s Investment Bank and Treasury Services businesses.

“J.P. Morgan recognizes the need clients have for cost-effective solutions,” stated Emma Loftus, managing director, U.S. Dollar Clearing and Foreign Exchange, J.P. Morgan Treasury Services. “With the enhancements to Treasury OnLine, the corporate treasurer can rapidly deploy a global solution to improve control over cash and empower business units with a robust web-based forecasting tool.”
Inter-Company Netting
Treasury OnLine’s new inter-company netting module helps multi-entity organizations save time and costs associated with the payment and reconciliation of inter-company invoices. The multilateral, multicurrency netting module offers the functionality to consolidate invoices, execute foreign exchange deals and settle transactions. Netting information is available in real time, allowing an ongoing view of settlement estimates, up to and including the final balance. The head office has greater transparency into balances and is able to significantly eliminate the number of payments, thus reducing wire transfer and foreign exchange costs. Users can customize the frequency at which netting occurs, whether weekly, monthly or quarterly.

Cash Flow Forecasting
J.P. Morgan’s new cash module is a multicurrency cash forecasting tool that provides greater visibility into an organization’s cash position. Cash module functions include daily, weekly and monthly forecasts; view detail on the location of corporate liquidity, including bank account balances; and analysis of forecast accuracy by account and currency. With greater transparency into balances by both entity and currency, organizations can more effectively consolidate idle cash balances.

Treasury OnLine’s new netting and cash forecasting capabilities have been fully integrated with existing risk and FX trading functions. Treasury OnLine’s risk module provides visibility into balance sheet risk and global earnings at risk. With the FX module, clients can executive basic FX deals, such as spots, forwards and swaps.

“We recognize that our clients need increasingly integrated tools for more effectively managing their working capital and risk exposure. We see Treasury OnLine as a unique offering that helps deepen the dialogue with them,” explained Chapin Bates, head of middle market currencies and rate sales at J.P. Morgan’s Investment Bank. “As a top tier liquidity provider in foreign exchange and leader in treasury management, J.P. Morgan is dedicated to delivering to clients the tools that create greater efficiencies and better risk management.”

Key benefits of J.P. Morgan’s Treasury OnLine solution include:

* Displays real time flow of payables and receivables across operating units
* Accommodates centralized, decentralized, or hybrid treasury management approaches
* Allows the head office to maintain complete control while operating units get access to an effective tool to improve treasury efficiency
* Customizable, real-time reporting

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM), is a leading global financial services firm with assets of $2.1 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, Chase, and Washington Mutual brands. Information about JPMorgan Chase & Co. is available at


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