NEW YORK, November 8, 2011 - Greenwich Associates, a global financial services research and consulting firm, has just released the results of its annual U.S. Large Corporate Treasury Management study. The study results demonstrate J.P. Morgan Treasury Services' leadership in the U.S. large corporate segment. Greenwich Associates conducted interviews with nearly 600 individuals from Fortune 500 corporations across various sectors speaking to decision makers for cash management services.
J.P. Morgan earned recognition as a 2011 Greenwich Quality Leader in U.S. Large Corporate Treasury Management and was also ranked #1 in U.S. Large Corporate Treasury Management for Market Penetration*
(* tied for #1)
Additionally, Ernst & Young recently released the results from its annual U.S. Cash Management Services study. The 2011 study captures transaction volumes from more than 40 institutions, including all of the top 20 banks (by asset size).
The rankings point to J.P. Morgan Treasury Services' leadership and scale in the industry as the firm ranked as one of the top 2 providers in 22 of 26 core cash management product categories. J.P. Morgan ranks #1 in:
J.P. Morgan earned more industry notice as Treasury Management International magazine announced its 2011 award winners naming J.P. Morgan Treasury Services as Global Bank of the Year in the Swift for Corporates, Financial Supply Chain and Risk Management categories. These awards highlight innovation and excellence in facilitating corporate-to-bank communication through SWIFTNet. Other criteria include a proven capability to support corporate connectivity through SWIFT for cash management and enabling customers to meet multi-bank, multi-region connectivity objectives. Nominees must show a proven commitment to trade services utility, must work new capabilities through SWIFT such as Electronic Bank Account Management standards and show commitment to industry-standard integration formats (such as ISO 20022).
About J.P. Morgan Treasury Services
J.P. Morgan's Treasury Services business is a full-service provider of innovative cash management, trade, liquidity, commercial card and escrow services -- specifically developed to meet the challenges treasury professionals face today. More than 135,000 corporations, financial institutions, governments and municipalities in over 180 countries and territories entrust their business to J.P. Morgan. J.P. Morgan Treasury Services is one of the world's largest providers of treasury management services and a division of JPMorgan Chase Bank, N.A., member FDIC. More information can be found at www.jpmorgan.com/ts.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.