Brown Brothers Harriman Releases Secondary-NAV Tool for Administrator Oversight
The firm has bolstered its middle-office outsourcing tools with the release of InfoNAV and aims to include AI features in the future.
The lightweight, secondary net asset value (NAV) tool takes in yesterday’s positions and applies the current day’s valuations and market events to arrive at the calculation. It is not an accounting engine, and can thus be used without the additional overhead costs of an integrating a specialized accounting system, says Christian Bolanos, senior vice president within BBH’s Investor Services Fintech unit.
InfoNAV—which is geared toward asset managers’ middle-office and treasury teams and was
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