GLOBAL – JP Morgan has launched a new performance measurement system for clients such as pension funds, asset managers and insurers.

JP Morgan Worldwide Securities Services said Performance Measurement & Analytics Reporting was now available to clients.

These “include more than 200 of the largest investment management, pension and endowment funds and insurance firms in the world,” the New York-based bank said in a release.

“The system is designed so performance managers, analysts and institutional investors can analyze the effectiveness of their portfolio strategies,” it added.

“We have created what will be seen as the superior system available in the industry, with the largest selection of analytical tools available to evaluate and compare the performance of accounts,” said Craig Heatter, head of the bank’s performance measurement, analytics, compliance and risk management group.

It enables users to integrate data from Wilshire Associates, Black Rock, MSCI, FTSE, Informa, Risk Metrics and
Zephyr. The new service follows the launch of E-Tax, a global tax service.