BBH upgrades Fund WorldView platform
03 April 2003 | 8263 views | 0
Brown Brothers Harriman (BBH) has launched a new version of Fund WorldView, its global fund supermarket platform that provides clients with analysis, selection, execution, and custody.
BBH says the upgraded platform now provides improved search capabilities and analytical tools and updated listings for over 19,000 third-party funds, including 2200 funds from over 75 fund families that are available at no transaction fee.
In addition, fund prices and returns will now be updated daily, along with Morningstar's Star Ratings and Style Boxes. The system also includes more cross-fund comparison capabilities and a new feature that enables analysis of the consolidated holdings of an entire portfolio.
Timothy Connelly, BBH partner, says: "Fund WorldView's comprehensive analytical tools, execution portal and custodial service enable our clients to effectively build and deliver advice-driven open architecture mutual fund products."
Fund WorldView provides streamlined order execution and delivers trading information such as minimums, deadlines, settlement cycles, countries of registration and an online prospectus for each fund. The system utilises BBH's custody services, allowing clients to outsource fund trading and monitoring operations and eliminating the need for multiple subcustodians.