Laserfiche WebLink
S. Describe any short -term plans to enhance services that may improve the <br />City's banking and cash management efficiency. <br />J.P. Morgan's capital strength allows us to invest in technology to meet clients' <br />changing needs. We continue to invest in enhancing our cash management and <br />treasury liquidity capabilities, expand our global footprint and reinvest in <br />technology solutions. The firm continually looks to technology to enhance the <br />solutions we provide, as well as reduce processing costs and increase operating <br />efficiency. While explicit research and development costs are not disclosed, <br />J.P. Morgan's technology expense, which includes technology, communication <br />and equipment costs, was $9.o billion in 2015, of which one -third of spend was <br />on new investments Key areas of focus for the firm include electronic payments, <br />efficiency and automation initiatives, global payments, and cybersecurity and <br />fraud prevention. We will keep the City informed of these developments and look <br />forward to discussing any new products and services that may benefit the City <br />and its constituents. <br />Relationship Management <br />This section of the proposal must include a fully - completed copy of the Summary <br />Sheet included with this RFP (Attachment 4). <br />1. Provide names, titles, telephone numbers, fax numbers, and a -mail <br />addresses, and provide brief biographies of Bank relationship management <br />personnel. Identify primary and secondary representatives assigned to the <br />City's accounts. Describe what each person's role and responsibilities will be. <br />The City will continue to benefit from the support of their current Relationship <br />Team. Biographies for each of the relationship team members are included <br />below. <br />� r <br />