J.P. Morgan Chase & Co. (JPM) is buying a stake in securities-focused cloud platform InvestCloud, Reuters reported Tuesday, citing an announcement expected to be released on Tuesday.

The bank will use InvestCloud to provide website dashboards and mobile apps, according to the report.

In October 2015, InvestCloud announced a $45 million growth equity investment led by FTV Capital.

Full story at http://www.reuters.com/article/us-jpmorgan-wealth-fintech-idUSKCN11Q1UU

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(END) Dow Jones Newswires

September 20, 2016 15:30 ET (19:30 GMT)

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