We service assets for some of the largest and most sophisticated asset managers in the world. The challenge our clients face—especially in this investment constrained environment—is how to gain efficiencies and control over their middle office and data infrastructure when there is a low tolerance for multi-year projects with uncertain outcomes.
Our recent C-Suite Asset Manager Survey found that 68% of global asset managers are more likely to outsource than a year ago and are focused on the middle office to drive efficiencies for their business, and 57% are looking to improve their data abilities. We believe an asset manager’s strategy, rather than a service provider’s commercial model, should drive the design of their operating model.
To emphasize our commitment to helping our clients meet their challenges we are rebranding the former BBH Fintech business to, BBH Investment Operations, powered by Infomediary, as the proven data integration capabilities of our Infomediary business are at its core.
Our flexible platform of modular technology, data, and outsourcing solutions can be used by asset managers together, or separately, to transform their operations in the order, and at the pace, of their choosing. Our tools are open and multi-provider enabled, because we recognize that the optimal operating model is often comprised of many providers, and not just one or two. With Infomediary, we can seamlessly integrate our solutions into our clients’ environment: a prerequisite for a successful modular approach.
Our product suite includes market-leading solutions for trade management and collateral management, operational FX, corporate actions, reconciliation, IBOR, and of NAV validation. Our clients can take all these services from BBH or can create a tailored mix of solutions from BBH, other service providers, and their own internal solutions.
A significant part of this multi-year investment plan is dedicated to upgrading Infomediary to stay ahead of our client’s sophisticated data integration requirements. This is an important milestone in a series of important strategic steps we have been taking to ensure our business remains tightly aligned with our clients’ needs for years to come.