JP Morgan (JPM) Treasury Services today launched the next generation of JP Morgan Access, an online, electronic banking portal for corporate clients.
J.P. Morgan ACCESS provides treasury and investment professionals worldwide with a secure, single point of access to effectively manage their treasury operations online. The next generation includes integrated payment and reporting capabilities and unique attributes for user administration, allowing clients a more efficient use of time while simultaneously improving their control environment. It also features an entirely new online user community, providing a single location for user learning and interaction.
"In speaking with our clients over the past several years, they consistently indicated that they were looking for greater efficiency and a way to save time," said Lloyd O'Connor, Managing Director, J.P. Morgan Treasury Services. "The next generation of J.P. Morgan ACCESS was born from those conversations. We re-envisioned what the client experience looked like end-to-end and created a platform that responds to what our corporate clients want. Every decision was made with their needs in mind, and we believe the outcome is a product that will fulfill their needs for efficiency, control and accessibility," he concluded.
Time Efficiency Through Managing User Entitlements
The next generation's advanced administrative capabilities build upon what is a mission-critical, but historically time-consuming process. User set-up and entitlement management is now reduced from hours, sometime days, to minutes by simplifying the process and providing a unique grouping capability allowing multiple changes to be made simultaneously.
Administrators are able to view all user entitlements from a single screen - by user, account, or product, providing a better and more streamlined experience.
ACCESS Community Provides One Single Location for Product & Service-Related Content
The next generation of J.P. Morgan ACCESS allows clients to utilize new community features that help educate users about the new platform via user guides, FAQ's, how-to videos and podcasts. Additionally, corporate clients may now interact with their peers to acquire knowledge and leverage their experiences.
All 25,000 current J.P. Morgan ACCESS clients representing approximately 155,000 users worldwide will be upgraded to the next generation platform. New clients will be offered this integrated and time-saving solution to meet their current and future cash management needs.
"J.P. Morgan ACCESS next generation delivers a modern architecture capable of quickly adapting a client's evolving needs and future industry trends," said Christine Barry, Research Director, Aite Group. "Customers will benefit from true portal integration, a more efficient user experience, and one-click performance which offers a new level of flexibility, integration, and ease of use necessary to meet today's more demanding market and customers."