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JP Morgan Unveils iPad Portal for Fund Admins

Get out your iPads - J.P. Morgan Worldwide Securities Services (WSS) today debuted of its Fund Reporting and Media Exchange Site or FRaMES.

This new offering aims to provide 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 Access, the firm's web-based platform for multiple information, compliance and portfolio management applications."

Fund managers can access the new app from any web-enabled device, including Apple iPads.

FRaMES users will get real-time document sharing, including uploading and download functions, and online delivery capabilities and data archives for board books and records. FRaMES also houses proprietary research, online tools and client-specific links to industry groups, regulators and vendors. The portal, which is accessible from any web-browser connected to J.P. Morgan Access, will initially be available to Regulatory Services clients and Chief Compliance Officers in the Americas.

According to Peter Donatio, product executive - Americas for J.P. Morgan WSS: "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 sub-advisor. 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," says 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."

Some components and benefits include:

- eBoardRoom facilitates fund board meetings by providing electronic board books and other materials to fund trustees and directors.

- CCO Support improves governance with real-time access to latest policies and procedures and quarterly representation letters.

- Document Exchange allows users to create, edit, approve and publish documents online, therefore reducing e-mails.

- Calendars ensure common understanding of real-time commitments and deliverables. Other features include Questionnaires and Knowledge Center for access to proprietary and public research.

J.P. Morgan Worldwide Securities Services (WSS) is a securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, WSS has $16.9 trillion in assets under custody and $7.2 trillion in funds under administration.

Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio

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