BBH launches STP Infomediary Web interface
20 March 2002 | 3917 views | 0
Brown Brothers Harriman has launched a front-end Web interface for its Infomediary STP outsourcing platform for asset managers
The Infomediary platform offers investment managers a centralised view into the translation, transformation, and transmission of electronic Swift and non-Swift messages sent between an investment manager and its multiple counterparties.
Kristen Giarrusso, partner and chairman of Brown Brothers Harriman Infomediary, comments: "Through working with our clients, we found that disparate applications and data repositories were at the heart of data communication and reporting challenges. Infomediary provides data normalisation for internal and external integration needs so that clients can access and view their data at a much lower cost."
Infomediary, established in February 2001, enables investment managers to selectively outsource certain functions as an alternative to the full back office 'lift-out' option. The platform can also be used to provide the underlying infrastructure for conversion to ISO 15022, T+1, and connection to virtual matching utilities such as GSTPA and Omgeo.