JP Morgan Unveils Data Service for the Buy Side

JP Morgan’s Securities Services business has announced the launch of Fusion, a data platform that delivers end-to-end data management and reporting solutions for institutional investors.

The firm says the new platform will allow clients to integrate and combine data from multiple sources into a single data model that delivers the benefits of scale and reduced costs, along with the ability to more easily unlock timely analysis and insights. It adds it will combine rich, high-quality data with a governance framework that can be leveraged consistently across the investment lifecycle.

“Data management is a key strategic focus for our clients and we are committed to supporting them on their data journey,” says Teresa Heitsenrether, global head of Securities Services, JP Morgan. “We’ve established a dedicated data solutions business within Securities Services led by industry experts, and through Fusion, we are developing a differentiated, cloud-native platform to help clients manage and leverage their data in a scalable, efficient way.”

The bank says Fusion’s open data architecture supports flexible distribution, including partnerships with cloud and data providers, all managed by JP Morgan data experts. It will combine position and transaction information with the client’s own data, as well as data from trusted third-party vendors and partners. The platform’s single data model allows clients to extend the breadth and depth of their data, and query the relevant information with powerful analytics tools to aid in decision-making.

“Investment managers use a wide range of data sources with varying formats to run their business but the effort to gather, clean, and organise this data is often manual and resource intensive,” says Gerard Francis, head of data solutions, Securities Services, JP Morgan. “We are designing Fusion to remove the friction and make data instantly usable for our clients. By partnering with leading industry providers, we are streamlining the data onboarding process, enabling clients to browse, visualise and access their data in the cloud or directly within their own applications”

At launch, clients will have access to Fusion’s Web-based data catalogue to browse and discover data that is immediately usable, and ready for consumption using the platform’s APIs. Through Fusion, the bank adds, clients can integrate and benefit from the unique content generated by JP Morgan’s global research and markets franchise.