Abel Noser, JP Morgan, Launch End-to-End TCA Solution
Posted by Colin Lambert. Last updated: July 16, 2021
Multi-asset TCA provider Abel Noser Solutions has announced a strategic partnership with JP Morgan to provide a multi-asset end-to-end post-trade TCA solution to the firm’s securities services clients.
“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 JP Morgan’s platform,” explains Peter Weiler, co-CEO of Abel Noser Holdings. “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 JP 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, saying, “Trade cost analysis has never been more vital to each stakeholder. This partnership will seamlessly deliver our next-gen analytics to JP Morgan’s 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.”