J.P. Morgan CARS allows clients to implement a unique allocation strategy (âglide pathâ) with any configuration of underlying investments. The platform is scalable and secure with configurable parameters that enable efficient administration and embedded system controls. It is integrated with J.P. Morganâs custody, accounting and reporting services.
âThe pension industry continues to undergo significant change, driven by the broad and continuing shift of responsibility for retirement savings from plan sponsors to plan participants,â said Mark Kelley, Americas Markets Executive for J.P. Morgan Worldwide Securities Services. âBy providing an automated rebalancing solution, J.P. Morgan CARS will enable clients to deliver customized and innovative investment solutions to help achieve better retirement outcomes for their plan participants, reduce costs and mitigate fiduciary risks.â