{"id":12491,"date":"2003-02-13T00:00:00","date_gmt":"2003-02-13T00:00:00","guid":{"rendered":"http:\/\/localhost\/gtr\/euro-bank-to-bank-system-for-jpmorgan\/"},"modified":"2015-01-09T09:38:30","modified_gmt":"2015-01-09T09:38:30","slug":"euro-bank-to-bank-system-for-jpmorgan","status":"publish","type":"post","link":"https:\/\/www.gtreview.com\/news\/global\/euro-bank-to-bank-system-for-jpmorgan\/","title":{"rendered":"Euro bank-to-bank system for JP Morgan"},"content":{"rendered":"

JP Morgan Treasury Services, a unit of JP Morgan Chase has announced the implementation of an innovative new euro bank-to-bank reimbursement processing system in its Bournemouth, UK operations centre. This proprietary system integrates euro and dollar reimbursement processing on the same operating platform, allowing dual-site processing capabilities, including common service standards, pricing parameters and functionality.<\/p>\n

“This new system is a key component of JP Morgan Treasury Services’ growth strategy and provides a dynamic platform to further integrate trade and cash management product capabilities, as well as deliver vital information to clients in ways that offer greater time and cost savings,” explains Paul Simpson, global head of trade services, JP Morgan Treasury Services. “As one of the largest providers of bank-to-bank reimbursements in the world, JP Morgan is committed to maintaining its position as leader in this area and staying well ahead of the competition.”<\/p>\n

JP Morgan’s new bank-to-bank reimbursement system, which relies on web-based “thin client” technology and possesses automated data mapping capabilities, provides:<\/p>\n