J.P. Morgan Asset Management is set to enhance its Morgan Money liquidity platform using the SAP Software Solution Partner Program.
As part of the partnership, the liquidity management platform, which is a multi-currency, open architecture trading and risk management system, will now be available to SAP customers through SAP Treasury Management.
SAP Treasury Management is a solution within the SAP Intelligent Enterprise, which provides customers with real-time cash visibility and aims to improve liquidity and lower risk.
Paul Przybylski, head of product strategy for global liquidity, J.P. Morgan Asset Management, describes the partnership with SAP as “significant”.
“The agreement will enable SAP's substantial Treasury Management customer base to directly access Morgan Money, delivering a real-time dashboard to invest, a single access point for operations, and enhanced risk management controls”, Przybylski said.
Falk Rieker, global head of IBU Banking, SAP America, commented: "Corporate treasurers are looking for a streamlined customer experience. J.P. Morgan Asset Management's SAP partnership is a great example of how we enable our customers to consume innovative financial solutions and services."
