Press Release: JPMorgan offers Tradeopt, new suite of trade finance tools to financial institutions

SIBOS - Atlanta, October 13, 2004ùJPMorgan Treasury Services, www.jpmorgan.com/ts, a unit of JPMorgan Chase and a leader in global payments, trade finance and treasury management, today announced it is offering its correspondent banking partners a new, complete suite of trade finance tools called TradeOPT. This end-to-end suite of services allows financial institutions to meet all aspects of their customers' trade finance needs - from traditional services, like letters of credit, to state-of-the art electronic solutions. TradeOPT is designed for customers ranging from regional to multi-country global entities, and the offering runs the gamut from correspondent relationship to complete solution provider.