J.P. Morgan goes live on UnaVista Swaps Portal

J.P. Morgan goes live on UnaVista Swaps Portal

  • Flexible, asset-class neutral business solutions designed to improve operational efficiency; reducing risk and ensuring regulatory compliance

London Stock Exchange Group plc (“LSEG” or “the Group”) today announces that J.P. Morgan is now live on its UnaVista Swaps Portal in Europe. The UnaVista platform will provide J.P. Morgan with a central, secure and audited communication channel through which they can connect to their client community using standard message formats. J.P. Morgan, will be a participant on the Swaps Portal in its capacity as Prime Broker and equity Execution Broker.

Mark Husler, Head of Business Development, Information Services at LSEG said:

“We are delighted that J.P. Morgan has become the latest brokerage to join the UnaVista community. UnaVista’s Swaps Portal can be used for any trade on any global market, offering flexible, asset-class neutral business solutions designed to reduce risk for clients whilst maintaining a complete audit trail for the trade.”

Teresa Heitsenrether, European Prime Brokerage head at J.P. Morgan said:

“We are excited to be working with UnaVista and London Stock Exchange Group to provide scalable equity swap trade management solutions to our clients. We welcome the opportunity to work with our client and broker communities to bring efficiencies to this market, and significantly lower its inherent risks.”

UnaVista Swaps Portal enables firms to automate communication at all stages of the equity swaps process, including orders, allocations and give-ups. The platform can normalise, validate and match all of the data automatically and employs strict data segregation to ensure all compliance rules are met.

UnaVista is LSEG’s secure, hosted platform for all validation, matching and reconciliation needs. Its community includes over 500 clients and nearly 7000 global users, allowing automated monitoring and communication with these counterparties; accepting data in all standard formats, including SWIFT, FIX, flat files, and email.

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Notes to editors:

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages of over 200,000 equity, bond and alternative asset class indices.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,850 people.

Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com