JP Morgan has announced it will expand its use of FinTech Alliance company Acin’s platform.
In Brief:
JP Morgan, which already uses Acin’s SaaS solution, will expand its use across the Global Markets business.
Acin offers a digitised peer-to-peer network for control risk management.
JP Morgan, among other clients, will be able to access benchmarking and assess risk against anonymised peer data.
What does this mean?
JP Morgan and Acin have already worked together for two years, with JP Morgan using Acin’s solution in a subset of its trading business. It's now decided to expand the scope thanks to the success of the partnership.
Read more about Acin here.
You can hear from Acin’s CTO Graeme Wynn on our recent Shaping FinTech webinar.
