To improve timeliness of fund prices and quality of service, JP Morgan FundsHub has selected MoneyMate’s new intraday fund pricing service. The service, recently launched by MoneyMate, a provider of European fund data solutions, provides pricing for more than 50,000 European funds, with most priced daily.
David Moffat, marketing director of JP Morgan FundsHub, said: “Strategically we wanted to outsource the collection, validation and redistribution of the fund prices. It was critical to us that MoneyMate was able to commit to 100% accuracy as we will be using these prices for dealing and valuation purposes.”
