J.P. Morgan Enhances Cash Management, Trade Finance Solutions in India

J.P. Morgan (New York) has enhanced its cash management and trade finance solutions in India. J.P. Morgan's Treasury Services division provides cash management, trade finance and foreign currency clearing account services to some of the largest India-based firms within the financial services, manufacturing, IT, infrastructure, chemicals, aviation and retail industries.

J.P. Morgan recently unveiled a global investment plan of more than $1 billion to strengthen its cash management and treasury liquidity capabilities, invest in technology solutions and expand its global footprint. The investment will make it easier for the firm's clients to move, concentrate, invest and manage their cash around the world.

As part of this investment plan and in response to increasing customer demand, J.P. Morgan has launched new domestic cash management and trade finance capabilities in India. The full suite of capabilities includes an integrated electronic banking platform, high-value and low-value electronic payments and receipts, local and out-station check clearing, liquidity solutions, as well as a wide range of trade finance and structured trade finance " including Export Credit Agency-backed financing solutions, supply chain, logistics advisory services, risk mitigation solutions and freight payment audit services using state-of-the-art integrated technology built on robust proprietary platforms. These domestic capabilities complement J.P. Morgan's global service offering and leverage its global network.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio