24 August 2017
Visit http://response.ncr.com

Threadneedle to outsource investment ops to JPMorgan

23 June 2006  |  9292 views  |  0 Threadneedle to outsource investment ops to JPMorgan

UK fund manager Threadneedle Investments has entered into exclusive discussions to outsource its investment operations to JPMorgan Worldwide Securities Services.

Under the 'lift out' deal, Threadneedle will transfer operational control of its Swindon-based investment operations functions - which cover confirmation and settlement, valuations and pricing and accounting activities - to JPMorgan in October 2006.

JPMorgan says subsequently Threadneedle's Swindon operations and staff will become part of its expanded European service offering.

Commenting on the deal, Crispin Henderson, managing director of Threadneedle Investments, says: "Our clients will benefit from JPMorgan's strengths in service administration and commitment to providing state-of-the-art capabilities in derivatives and complex instruments."

Threadneedle and JPMorgan expect to finalise contractual arrangements during July 2006.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

JPMorgan Chase leads open source messaging push

JPMorgan Chase leads open source messaging push

20 June 2006  |  19349 views  |  0 comments
JPMorgan Chase calls for top banks to take lead role in Sepa debate

JPMorgan Chase calls for top banks to take lead role in Sepa debate

06 June 2006  |  7809 views  |  0 comments
JPMorgan signs Henderson to hedge fund outsourcing services

JPMorgan signs Henderson to hedge fund outsourcing services

30 May 2006  |  6859 views  |  0 comments
Lloyds TSB and JPMorgan launch UK supplier finance service

Lloyds TSB and JPMorgan launch UK supplier finance service

06 April 2006  |  4829 views  |  0 comments
JPMorgan pulls the plug on Horizon

JPMorgan pulls the plug on Horizon

17 March 2006  |  11460 views  |  0 comments
Private equity new target for JPMorgan back office outsourcing

Private equity new target for JPMorgan back office outsourcing

14 November 2005  |  6932 views  |  0 comments
Schroders and JPMorgan call time on outsourcing

Schroders and JPMorgan call time on outsourcing

01 July 2005  |  12594 views  |  0 comments
JPMorgan Chase's excessive tech spending killed IBM outsourcing deal

JPMorgan Chase's excessive tech spending killed IBM outsourcing deal

08 February 2005  |  14436 views  |  0 comments

Related company news

 

Related company information

JPMorgan Chase

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.vasco.com

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
20780 views comments | 43 tweets | 86 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
12016 views comments | 22 tweets | 35 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
11325 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
11157 views comments | 10 tweets | 8 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10849 views 0 | 7 tweets | 1 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job