07.15.2021

J.P. Morgan Partners with Abel Noser for TCA

07.15.2021
‘Next-Gen’ TCA as Broker Differentiator

Abel Noser Solutions, the leading global multi-asset TCA provider, announced a strategic partnership with J.P. Morgan to provide an end-to-end solution to the firm’s Securities Services clients. Abel Noser’s analytics will be integrated into J.P. Morgan’s open platform, providing asset owner and asset manager clients with a robust, multi-asset post-trade TCA solution.

Commenting on the announcement, Peter Weiler, Co-CEO of Abel Noser Holdings said, “We are thrilled to extend access to our TCA platform so J.P. Morgan’s Securities Services clients can utilize Abel Noser’s unique reporting solution. We have leveraged efficiencies and streamlined processes – from on-boarding to delivery – yielding an ideal multi-asset TCA client experience that will be wholly integrated into J.P. Morgan’s platform. Our partnership also addresses ongoing regulatory challenges by helping clients remain compliant and competitive in today’s investment landscape.”

Reflecting on the growing recognition of TCA as a critical part of institutional investment strategy, Richard Crozier, Head of Product for Data and Analytics at J.P. Morgan’s Securities Services added, “Our clients’ trading analytics needs are broad, ranging from ever-increasing transparency into trading dynamics to satisfying their regulatory obligations. Partnering with an established provider like Abel Noser ensures we are able to offer an innovative suite of trade cost and regulatory analytics to our asset manager and asset owner clients globally.”

Steve Glass, Co-CEO of Abel Noser, also noted the significance of the alliance stating, “The partnership speaks to our past and ongoing commitment to advanced multi-asset TCA tools. Trade cost analysis has never been more vital to each stakeholder. This partnership will seamlessly deliver our next-gen analytics to J.P. Morgan’s robust client base of institutional asset owners and investment managers, enabling them to measure costs and evaluate best execution at each stage of the trade lifecycle. This validates the many game-changing functionalities that our firm offers.”

This announcement forms part of J.P. Morgan’s commitment and strategy to address the needs of buy-side clients by providing integrated solutions across the investment lifecycle through an open platform.

Source: Abel Noser

Related articles

  1. Guidelines on weaknesses in banks' counterparty credit risk management will be published next month.

  2. Buy side and sell side need to embrace technological advancements and automate the IPO process.

  3. Alternatives are a strategic priority for many financial services firms.

  4. The Dutch bank also used tokenized commercial paper as collateral.

  5. The initiative will expand into Europe, beginning with Belgium and Luxembourg.