Category: BBH

Euroclear has adopted the BBH account opening API. Account opening requests and confirmations can now be sent electronically between BBH and Euroclear using the API, resulting in faster account opening times and a more scalable process for the platform. This reduces the time it takes to get money flowing into funds, giving the end investor…

Brown Brothers Harriman has entered into an arrangement with MUFG Investor Services, a division of Mitsubishi UFJ Trust and Banking Corporation (MUTB), under Mitsubishi UFJ Financial Group, Inc, for the provision of enhanced securities lending services to BBH’s asset manager and financial institutions clients globally. BBH clients will benefit from an enhanced securities lending product…

BBH has partnered with Euroclear to provide SWIFT message transformation and network connectivity for its new bilateral repo service. To effectively communicate with custodians across inter-dealer markets, Euroclear is deploying BBH Infomediary Data Solutions, a set of data management capabilities that help financial institutions overcome their operating model challenges across their network of providers. The…

BBH has connected its API solution with Clearstream to simplify the account opening process for investors. The connection allows account opening requests to be sent electronically between BBH and Clearstream by transmitting investor information over the API, reducing manual processing risks and improving efficiency of the onboarding experience.

BBH has launched enhancements to its TA capabilities. The latest developments enhance the global service model with: New UK investor servicing capabilities in partnership with Cashfac. This partnership allows BBH to support a broader range of UK products on the existing platform and reduces operational and regulatory complexity for asset managers on the CASS regime.…

BBH has partnered with BestX, the State Street-owned FX TCA vendor, to provide its currency administration platform users with independent TCA. This will improve transparency through independent execution analysis, adding to BBH’s existing FX hedging solutions, which include multi-bank agency execution and performance analytics.

U.S. Bank has appointed Laura Cote as head of Global Fund Services (GFS) product. Cote has been with U.S. Bank for three years and was most recently a senior product manager for custody within the chief product office organisation. She previously spent 16 years at BBH, where she held operations and relationship management roles, as…

BBH has expanded its relationship with Resona Asset Management Co. Ltd., an investment management firm based in Japan, to include InfoFX, BBH’s automated third-party FX solution. Resona is the first Japanese investment manager to implement InfoFX, a securities-based FX solution that enables automated FX order generation with execution netting capability. InfoFX supports FX orders across…