In a press release announcing the new service, JP Morgan said its new software capability allows customization of rules and reports and a decrease in clients’ manual compliance checks.
The new capability allows it to analyze data from third parties before sending a risk report to the client based on JPMorgan’s rule-building software. JPMorgan can run reports at virtually any interval including inter-day.
The reports can then be read at JPMorgan’s Web site.
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