Nearly 20 years after its disastrous foray into the transaction cost analysis business, J.P. Morgan has struck a deal with Abel Noser Solutions, a multi-asset TCA provider. Abel Noser’s analytics will be integrated into J.P. Morgan’s platform, providing asset owner and asset manager clients with a multi-asset post-trade TCA solution. In 2002 J.P. Morgan acquired Plexus, a U.S.-based TCA provider, and struck a European distribution deal with Inalytics, a UK-based TCA provider. Three years later, it sold Plexus to ITG for USD12m.
