BBH looks to spread funds automation drive across Asia
The firm has launched its data translator service Infomediary in Taiwan to speed up order-flow processing and increase distribution power. Its next target market is Singapore.
US-based Brown Brothers Harriman (BBH) is striving to build out its automation initiative Infomediary across Asia after launching the service in Taiwan.
The firm announced this week it had signed up several Taiwanese banks and fund promoters to use the tool, which is designed to aid efficiency and control costs.
Effectively acting as a data translator, Infomediary converts order flows into standard format messages, then transmits them through the Swift network and provides a correspon…
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