31st Oct 2006 14:01
JPMorgan will provide Custody, Securities Lending, Fund Accounting, Performance Measurement and Compliance Reporting services "We chose JPMorgan because we felt it was the best firm to help us reach ourgoal of maximizing gains, minimizing losses and protecting the retirementbenefits of Oklahoma's educators," said Tommy Beavers, Executive Secretary,Teachers Retirement System of Oklahoma. "JPMorgan is a leading provider ofsecurities services, has deep industry experience and offers advanced technologythat will give us more information about our assets faster and in greaterdetail." "JPMorgan is proud to be working with The Teachers' Retirement System ofOklahoma, which represents more than 100,000 educators," said Ed Mollahan,senior vice president and head of Pension Client Management, JPMorgan WorldwideSecurities Services. "JPMorgan has a dedicated pension services team that workswith the largest pension funds in the world, helping them control costs andincrease efficiency." JPMorgan offers a wide variety of services for Pension funds including custody,securities lending, benefit payments and trustee services, fund accounting, fundadministration, performance measurement and compliance. For more informationvisit on JPMorgan Worldwide Securities Services go towww.jpmorgan.com/visit/pensions/public About Teachers' Retirement System of Oklahoma Teachers' Retirement System of Oklahoma was created in 1943 and has grown toover 8 billion dollars in assets. Employees of more than 600 local schooldistricts, career technology schools, public colleges and universities areenrolled as members of the TRS. As of June 30, 2005, TRS had 138,245 members(84,286 active contributing, 13,080 inactive and 40,879 retired members). About JPMorgan Worldwide Securities Services JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A.,is the global industry leader with $12.9 trillion in assets under custody.JPMorgan provides innovative custody, fund accounting and administration andsecurities services to the world's largest institutional investors, alternativeasset managers and debt and equity issuers. JPMorgan Worldwide SecuritiesServices leverages its scale and capabilities in more than 90 markets to helpclients optimize efficiency, mitigate risk and enhance revenue through a broadrange of investor services as well as securities clearance, collateralmanagement and alternative investment services. About JPMorgan Chase JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firmwith assets of $1.3 trillion and operations in more than 50 countries. The firmis a leader in investment banking, financial services for consumers, smallbusiness and commercial banking, financial transaction processing, asset andwealth management, and private equity. A component of the Dow Jones IndustrialAverage, JPMorgan Chase serves millions of consumers in the United States andmany of the world's most prominent corporate, institutional and governmentclients under its JPMorgan and Chase brands. Information about the firm isavailable at www.jpmorganchase.com. \* TTeachers Retirement System of OklahomaTommy Beavers, Executive Secretary, 405-521-4740orJPMorganPam Snook, 212-270-7013\* T Copyright Business Wire 2006Related Shares:
JPM.L