BBH’s new look investment ops platform targets faster transformation times for asset managers
The newly branded ‘BBH Investment Operations, powered by Infomediary’ aims to transform the way its asset manager clients utilise data.
The newly branded ‘BBH Investment Operations, powered by Infomediary’ aims to transform the way its asset manager clients utilise data.
Deal builds on the custodian’s Whole Office proposition which it launched in 2020 following a similar agreement with BlackRock.
Agreement will allow custodian’s asset servicing business to operate BlackRock Aladdin’s middle-office service on behalf of common strategic clients for a more integrated front-to-back model.
Northern Trust will be responsible for the $12bn asset manager's equity and fixed income trading, as well as its middle-office trade settlement support.
Northern Trust has made several enhancements to its global middle-office platform in response to rising demands from buy-side clients.
Recent studies have shown buy-side firms, particularly hedge funds, are expanding their outsourcing options to include middle-office and certain trading functions
Survey shows asset managers’ views on outsourcing, operational efficiencies and securities lending following an unprecedented year of change.
Standard Life Aberdeen acted as the anchor client for the new client reporting solution, as Citi continues to bolster its middle-office offering.
The partnership with Calypso will enhance Apex’s ability to provide independent middle and back-office services to clients.
The dual mandate expands U.S. Bank’s current service offering with Carlyle, which manages more than $25 billion in CLOs domestically and in Europe.