JPMorgan and Milestone reveal fund processing contract

JPMorgan has commenced implementation of Milestone Group's pControl fund processing platform in the UK as part of a global rollout plan. JPMorgan will initially use pControl to automate pre- and post-pricing validations and fund of fund unit pricing for UK-based clients. pControl claims that its product was identified as the best option to support growth in complex fund structures and JPMorgan was attracted by pControl's ability to be deployed as a global solution.

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