Brown Brothers Harriman introduces data manager for Infomediary

Source: Brown Brothers Harriman

Brown Brothers Harriman & Co. (BBH) announced today the release of its Data Manager module for Infomediary, BBH's integrated communications outsourcing solution which allows clients to outsource their straight-through processing (STP) and messaging infrastructure.

The new Data Manager module allows Infomediary clients enhanced functionality to directly customize, view and control their data.

Data Manager is designed to provide clients with a flexible web-based tool that is customized to meet their particular data maintenance needs. Clients using Data Manager will have a single, web-based application to view and control time sensitive information in real-time, while choosing only the data components that best fit their individual service needs. Data components will include reference (including market, security and currency identifiers), translation and rules (standing settlement instructions) management tools to facilitate efficient information management. Each component and associated interface is built based on client-defined requirements and remains completely integrated with the full suite of Infomediary products.

Inclusion of the Data Manager module will extend the capabilities of Infomediary to increase STP while mitigating operational risks, translate various data formats to industry standards, and eliminate the proliferation of paper associated with manual processing.

"Data Manager places clients in the driver's seat to better manage critical information," stated Taylor Bodman, Partner responsible for Infomediary. "Use of this module can deliver immediate results for Infomediary users looking to customize standard industry data into their proprietary applications."

BBH Infomediary provides a single connectivity point between financial service companies and their external service providers. Infomediary takes in data in any electronic format, normalizes it, and then translates, transforms, and transmits the information over networks such as SWIFT or via a proprietary connection.

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