JP Morgan Expands Data Platform for Trading Clients with Confluence

JP Morgan has expanded its partnership with Confluence to integrate the vendor’s risk and performance measurement data with its data and analytics platform for trading clients. From the third quarter of this year, Confluence Delta will increase its coverage to include US securitized products powered by JP Morgan’s proprietary analytics. It will also be available to JP Morgan’s securities services clients. According to a story in The Trade news, the move expands the five-year partnership the two firms struck in June 2019 during the first phase of the collaboration between JP Morgan and FinTech StatPro, prior to Confluence’s acquisition of the firm in October 2019. The partnership is the latest by JP Morgan as it looks to provide full investment lifecycle data products to its buy-side clients.  Last year, it completed the rollout of its revamped middle-office platform, which included new investment data and risk analytics capabilities.

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