JP Morgan to offer structured deposit system
NEWS
The platform, called the FinIQ system, is in the final stages of user acceptance testing. It links the bank's option trading, delta hedging, money markets, private banking and accounting systems to create an automated system.
Will Shropshire, regional head of FX structuring and sales at JP Morgan in Singapore said rising demand for dual currency investment products led to a requirement for pricing and processing efficiencies generated by FinIQ.
He said the market for FX-linked investments started
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