JPMorgan opens funds admin portal

Source: JPMorgan

J.P. Morgan Worldwide Securities Services (WSS) today announced the launch of its Fund Reporting and Media Exchange Site (FRaMES), which provides Mutual Fund Administration regulatory services clients with real-time access to a secure, collaborative work environment for fund administration activities.

The FRaMES portal is the newest component of J.P. Morgan ACCESSsm, the firm's web-based platform for multiple information, compliance and portfolio management applications.

FRaMES provides real-time document sharing, including uploading and download functions, as well as online delivery capabilities and data archives for board books and records. In addition to document management, FRaMES houses proprietary research, online tools and client-specific links to industry groups, regulators and vendors. The portal, which is accessible from any web-enabled computer through J.P. Morgan ACCESS, will initially be available to Regulatory Services clients and Chief Compliance Officers in the Americas.

Peter Donatio, Product Executive - Americas for J.P. Morgan Worldwide Securities Services, said: "As our Fund Administration professionals work with clients to prepare for a Board of Directors' meeting, the work is often completed in conjunction with the service provider, the clients, the asset manager and even the subadvisor. FRaMES allows them to work collaboratively in one document and the final materials can even be accessed by board members remotely through their J.P. Morgan ACCESS account, from the office or on the road on their iPad."

"In this ever increasing data centric world, it is our top priority to provide clients with easily accessible, real-time information that is essential to their business objectives," said Sarah Gill, global platform executive for J.P. Morgan Worldwide Securities Services. "As such, J.P. Morgan continues to innovate and invest in new technologies and expand upon existing solutions in order to rapidly respond to changes in the market and the evolving needs of our client base."

Key components/benefits include:

eBoardRoom - Facilitate fund board meetings by providing electronic board books and other materials to fund trustees and directors. Replace hardcopies with real-time access to current and historical fund board materials.
CCO Support - Improve governance with real-time access to latest policies and procedures and quarterly representation letters. In addition, stay informed on the annual J.P. Morgan CCO/Fund Treasurer Summit and online publications.
Document Exchange - Create, edit, approve and publish documents online, reducing emails. Monitor progress of document preparation and audit trail of changes.
Calendars - Ensure common understanding of real-time commitments and deliverables.
Questionnaires - Eliminate time, effort and cost of manual questionnaires by performing them online.
Knowledge Center - Access to proprietary and public research.

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