Read this Press Release in Chinese.

Taipei, Taiwan, December 19, 2012 Brown Brothers Harriman & Co. (BBH) announced today that three more participants have signed on or gone live with BBH Infomediary®, its innovative technology solution, part of the Taiwan Depository & Clearing Corporation’s (TDCC’s) revolutionary offshore fund automation service.

Standard Chartered Bank (Taiwan) Limited is the second bank to sign with BBH Infomediary for the fully automated execution of fund orders, and receipt of statuses and confirmations. Ajay Kanwal, President and CEO, Standard Chartered Bank (Taiwan) Limited said, “Standard Chartered’s client-centric approach is our key differentiator in the industry. The innovative technology solution that BBH provides will offer our clients good coverage of fund selections and convenience. We are delighted by this excellent step with TDCC’s partnership with BBH.”

BBH Infomediary enables banks to send order files directly from their accounting systems to fund providers and transfer agents globally. Corresponding status and confirmation messages are received and uploaded automatically into accounting systems, streamlining a previously manual and cumbersome process. The enhanced, secure and automated workflow improves the overall client experience for banks, and their clients, by providing quicker access to order statuses and, more generally, by broadening access to new investment opportunities.

Fund provider Aberdeen Asset Management has also signed on. Martin Tan, General Manager - Taiwan, Aberdeen Asset Management said, “We are pleased to join the BBH Infomediary solution in Taiwan, as it is important for our clients to enjoy the full benefits of Infomediary automation. Aberdeen is committed to delivering a sustainable competitive edge, and Infomediary helps us deliver this with the enhanced client experience which automation brings.”

Additionally, AllianceBernstein is now live via BBH Infomediary as the second of E. Sun Bank’s fund providers. E. Sun Bank went live with fund provider BlackRock on October 31, 2012. Simone Thelen, Managing Director, AllianceBernstein said, “As an early adopter of Infomediary’s solution in Taiwan we are especially pleased that our clients will now enjoy the full benefits of automation. Speed of execution, processing efficiency and risk reduction all dramatically improve the ultimate client experience. We are delighted to have reached this milestone with E. Sun Bank.”

Fund providers Fidelity Worldwide Investment and J.P. Morgan Asset Management are both undergoing end-to-end testing with E. Sun Bank and are scheduled to go live in the coming weeks.

BBH Infomediary’s highly-customizable messaging, translation and enrichment platform provides clients with a competitive advantage by shortening the full-cycle processing time from hours to minutes and expanding banks’ distribution capabilities. Mandarin-speaking implementation team members in Asia include system developers, business analysts, project managers, client service managers and client relationship managers, who are all located in BBH’s offices in Hong Kong and Tokyo. Additional team members in London and Boston provide 24-hour project development and client service. On behalf of its Taiwanese bank clients, BBH Infomediary leads the implementation process including requirements gathering, system development, testing, and post-production support. BBH Infomediary supports all share classes, industry standards ISO 15022 and ISO 20022 SWIFT messaging, and proprietary data formats.

About Brown Brothers Harriman

BBH is a privately held financial institution that has been a thought leader and solutions provider for nearly 200 years. The firm serves the most discriminating and sophisticated individuals and institutions in its five business lines: Corporate Banking, Investment Management, Investor Services, M&A Advisory and Wealth Management. BBH’s culture of accountability fosters deep and lasting relationships built on commitment, adaptability and trust. The company is independent, selective and specialized by design.

BBH’s Investor Services business provides cross-border custody, accounting, administration and execution services in close to 100 markets for many of the world’s leading asset managers and financial institutions. With approximately $3.3 trillion in assets under custody and administration1, BBH is consistently ranked among the world's top global custodians, asset administrators, foreign exchange, and securities lending providers.2 BBH operates a global business in seventeen locations, including Beijing, Boston, Charlotte, Chicago, Denver, Dublin, Grand Cayman, Hong Kong, Kraków, London, Luxembourg, New Jersey, New York, Philadelphia, Tokyo, Wilmington and Zürich. For more information about BBH’s integrated and differentiated approach, please visit

About Brown Brothers Harriman Infomediary

Since its inception in 2001, BBH Infomediary has streamlined clients’ operations with its highly customizable communications platform. BBH Infomediary provides data translation, transformation and transmission services to many of the world’s largest asset managers, insurance companies, transfer agents and regional banks. BBH Infomediary solutions help solve numerous operational challenges for global clients across multiple areas of their operations including reconciliations, trade messaging and management, corporate actions as well as FX netting and aggregation.

1 As of June 30, 2012.
2 As measured by results in major industry surveys.

BBH and Infomediary are registered service marks of Brown Brothers Harriman & Co. in the United States and other countries.