JPMorgan Worldwide Securities Services now provides a fully integrated solution including: derivatives servicing and valuation, transfer agency, custody services, portfolio valuation and end client reporting, administration and fund accounting functions for the full range of BGI funds domiciled in the UK, Dublin, Jersey and Luxembourg. Worldwide Securities Services had already provided securities lending and custody for BGIâs UK funds.
Susan Ebenston, JPMorgan Worldwide Securities Services product executive for International Funds Services said, âBGI has been an outstanding partner throughout the implementation of this ground-breaking transaction. We are delighted to have extended our relationship with a valued client like BGI. We have been able to create a truly integrated operating model which delivers real value to both parties.â
Malcolm Smith, European Chief Operating Officer at BGI, said, âBGI historically has been extremely successful in launching new products and expanding the ways we can produce results for our clients. By leveraging JPMorganâs scale and technology platforms, we will be able to continue to innovate and best serve our clients."