Trovata, a bank-connected platform that makes it easier for finance and treasury professionals to manage cash, has teamed with JP Morgan Asset Management.
According to Trovata, the two companies are partnering to help customers tap into Morgan Money’s services to access higher yields on corporate investing amidst rising interest rates.
Trovata will host the Morgan Money corporate investing and trading solution as the first third-party app on its platform. Joint customers can determine their liquidity needs using Trovata, then take action to invest seamlessly using the services offered by Morgan Money.
Users will have the ability to transact across their global portfolio in real time and compare funds across multiple managers, currencies, durations, or settlement options.
In addition, investment balances and transactions from Morgan Money will flow into Trovata in real time so that operating and investing activities can be monitored and managed in one place, delivering a unified experience for managing operating cash flows and investments.
Trovata CEO and founder Brett Turner said, “Finance and treasury clients are seeking to automate and streamline how their work gets done each day. The tools of the job have to be newer, smarter, faster, easy to use, and easy to set up. We expect that Trovata and Morgan Money will be the go-to modern toolbox to manage cash and investments.”
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