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

From traditional to electronic services, JPMorgan helps correspondent partners offer end-to-end solutions to their clients.

SIBOS - Atlanta, October 13, 2004├╣JPMorgan Treasury Services, www.jpmorgan.comts, 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.

Unlike some financial institutions, JPMorgan is not competing with...

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