BBH announces launch of new suite of ETF-specific products
14 December 2012
By Asia Asset Management
Brown Brothers Harriman (BBH) has announced the launch of a new suite of exchange-traded fund (ETF) specific products, ETF Connect, that allows ETF sponsors, authorized participants (APs), and BBH (administrator and custodian) to manage ETF operations through a single platform.
“In our ongoing efforts to personalize the client experience, we are pleased to introduce ETF Connect as a central gateway for information and tools for our ETF relationships,” says Shawn McNinch, global head of ETF Services at Brown Brothers Harriman. “Our clients are now able to access ETF-specific tools and reports via a single portal, which enables them to more effectively manage their business.”
AP Exchange (APEX), specifically built for ETFs, provides workflow automation based on the client specified creation / redemption order requirements that take place between the ETF sponsors, APs and BBH.
“ETF Connect demonstrates our commitment to this strategically important and fast growing market," said Seán Páircéir, partner in investor services. “We believe that the continued development of this portal will enhance our differentiated and market leading suite of ETF services.”
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