JPMORGAN IS FIRST TO INSTALL INVESTIA FUND PROCESSING SOFTWARE

London - Investia, the financial services software provider, has installed its online fund-processing platform at JPMorgan Investor Services’ fund services operations in Luxembourg.

JPMorgan Luxembourg selected the JavelinConnect module of the Investia application suite and is the first European customer to go live with the system. Investia JavelinConnect delivers web-enabled views on trading and record data held in JP Morgan's core fund administration system.

JPMorgan is using JavelinConnect to deliver a new service to its fund manager clients, and their distributors. Using this service, fund company customers of JPMorgan can allow distributors to trade, clear and settle mutual funds from any location using a standard web-browser and the JavelinConnect screens.

"JPMorgan is constantly seeking out innovative distribution solutions to offer to its fund company clients, "said Chris Edge, Senior Vice President and head of European Mutual Fund Services at JPMorgan. "Investia's JavelinConnect is a powerful new system that bridges the gap between the sharp end of fund distribution and core technology infrastructures. With JavelinConnect, we are able to offer a compelling distribution solution to our fund manager clients - and add real value to our core fund services business in Europe."

Investia Javelin is a web-based fund processing and distribution system for fund companies and distributors that delivers a complete technology platform for retail distribution and record keeping. Investia JavelinConnect is the powerful front-end fund trading and account-viewing module of the Investia application suite. It connects fund companies, distributors and their third party administrators with intuitive and easy to navigate views of critical data held on legacy systems.

"Our vision in creating Javelin was to provide a new generation system for fund companies, fund distributors and third party administrators that will improve productivity and deliver new levels of functionality," said Mark Collier, CEO of Investia. "With JavelinConnect, we sought to link mission-critical legacy systems with a modern web-enabled distribution platform. JPMorgan is one of the world's largest banks and a pre-eminent provider of fund services. With the successful installation of JavelinConnect in Luxembourg, Investia has a tremendous validation of its vision for this market."

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