Brown Brothers Harriman (BBH) has launched ActionWorld, a new Web-based system enabling clients to manage real-time corporate actions online.
Designed to improve the flow of corporate actions, the system offers clients advance online delivery capability, management of instruction, and real-time information and risk tools via the BBH Web site, says the firm.
ActionWorld also delivers calculated entitlements and corporate event notifications such as tender offers, stock splits, and annual meetings in easily navigable formats. The interactive platform allows BBH to track client responses, giving the firm another outlet through which it can communicate with its clients.
Robert Bergman, managing director at BBH, comments: "ActionWorld gives clients complete control of their corporate actions – one of the highest risk areas in the industry – by affording unprecedented transparency and access. This facilitates instantaneous communication between BBH and our clients, allowing us to work together and resolve actions with increased speed and accuracy."