Business EconomyPosted at: Jan 17 2020 8:50PM

Arcesium announces strategic investment from JP Morgan

Hyderabad, Jan 17 (UNI) Arcesium, an investment management technology and professional services firm, on Friday announced that J P Morgan has invested in the company.
This investment serves to deepen Arcesium's strategic partnership with J P Morgan, including their Securities Services business, a provider of independent fund administration and comprehensive outsourcing solutions to alternative fund managers, asset managers, and asset owners.
However, the terms of the investment were not disclosed.
In a statement, Arcesium CEO, Gaurav Suri said J P Morgan has been an important client and partner to us for a number of years and we look forward to working together to bring joint solutions to market.
"This investment and collaboration underscores J.P. Morgan's continued focus in the alternatives segment," said Teresa Heitsenrether, Global Head of Securities Services, J P Morgan.
The combination of J P Morgan's Securities Services and Arcesium's innovative technology was driving more scalable solutions to our clients.
Through its partnership with Arcesium as a technology provider, J P Morgan has offered its alternative asset manager clients solutions to their most complex operations and data management challenges.
Arcesium has grown to support more than 150 billion dollars in assets from a number of leading firms and has more than doubled its global headcount to over 850 staff across offices in New York City and Hyderabad, India.
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BELAGAVI, APR 20 (UNI):- Chikkodi Lok Sabha Constituency Election Officer Rahul Sindhe flagging off Special Disabled persons awareness rally related to Lok Sabha election, in Belagavi on Saturday. UNI PHOTO-60U

BELAGAVI, APR 20 (UNI):- Special Disabled persons awareness taking out rally related to Lok Sabha election awareness, in Belagavi on Saturday. UNI PHOTO-59U

JAMMU, APR 20 (UNI):- Jammu and Kashmir BJP president flanked by senior leaders addressing a press conference in Jammu on Saturday. UNI PHOTO-58U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a day Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTOS-57U

RANCHI, APR 20 (UNI):- Police arrested People Liberation Front of India (PLFI) Naxalite Area Commander Soma Hembrome along with PLFI Naxalite Birsa Khandait ahead of Lok Sabha elections at Chaibasa in Ranchi, Jharkhand on Saturday. UNI PHOTO-56U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-55U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-54U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-53U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-52U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-51U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-50U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar Inauguration a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication(CBC), at MGBS in Hyderabad on Saturday. UNI PHOTOS-49U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-48U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-47U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-46U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-45U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-44U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-43U

RANCHI, APR 20 (UNI):– BJP Jharkhand President Babulal Marandi addressing a press conference, in Ranchi on Saturday. UNI PHOTO-42U

RANCHI, APR 20 (UNI):– BJP Jharkhand President Babulal Marandi addressing a press conference, in Ranchi on Saturday. UNI PHOTO-41U