NEW YORK--Brown Brothers Harriman is poised to launch an ambitious top-to-bottom overhaul of its major investment systems that will take approximately two years. The project will lead to the closely held, private-banking company installing new systems for portfolio management, trade order management and reporting.
Currently, the bank's $30 billion asset management business has split its portfolio management function between Checkfree APL and Thomson Financial Services' Portia. Checkfree proce
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails