JP Morgan is widely praised for its fixed-income research. Part of its success springs from the sheer number of locally based researchers it employs and the high standard of its valuation tools and global information, the latter covering investor, issuer and corporate market activity. The bank also makes a point of sharing information across its geographical and functional boundaries in order to give as comprehensive a view of markets as possible.
A particular area of note for JP Morgan is public fixed-income credit research in Europe, where the bank has established itself as the leader through innovative trading ideas and value-added public credit research. JP Morgan's leading position in credit research comes from its original incarnation as a commercial bank, which again gives it an edge over its competitors.
More and more banks are giving their clients access to information via an Internet web site, but JP Morgan is a step ahead of competitors with its web-based bi-weekly Global Markets Outlook and Strategy (GMOS) report.
This service enables the bank's clients to access the most up to date analysis from the research team, updated daily, and also provides a forum for clients to assess the thinking behind the models using analytical tools posted at the site and then upload feedback to the bank.