In this paper we prove that the local algebras of a simple Jordan pair are simple. Jordan pairs all of which local algebras are simple are also studied, showing that they have a nonzero simple heart, which is described in terms of powers of the original pair. Similar results are given for Jordan triple systems and algebras. Finally, we characterize the inner ideals of a simple pair which determine simple Ž subquotients, answering the question posed by O. Loos and E. Neher 1994, J.. Algebra 166, 255᎐295 . ᮊ