J.P. Morgan Worldwide Securities Services (WSS) has launched its Fund Reporting and Media Exchange Site (FRaMES) for mutual fund administration regulatory services clients.
FRaMES will provide real-time access to a secure, collaborative work environment for fund administration activities and is the newest component of the firm’s web-based platform for multiple information, compliance and portfolio management applications - ACCESS.
Peter Donatio, WSS' product executive for the Americas said, “As our fund administration professionals work with clients to prepare for a board of directors’ meeting, the work is often completed in conjunction with the service provider, the clients, the asset manager and even the subadvisor. FRaMES allows them to work collaboratively in one document and the final materials can even be accessed by board members remotely through their J.P. Morgan ACCESS account, from the office or on the road on their iPad.”
The portal provides real-time document sharing, including uploading and download functions, as well as online delivery capabilities and data archives for board books and records. For example, it provides support for chief compliance officers (CCOs) with real-time access to latest policies and procedures and quarterly representation letters.
In addition to document management, it houses proprietary research, online tools and client-specific links to industry groups, regulators and vendors. The portal will initially be available in the Americas.
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