Brown Brothers Harriman continues AI ‘transformation’ of fund accounting unit

A new tool that helps business users test and validate their own POCs is set to join the bank’s ranks alongside its other AI projects implemented over the last two years: Linc, Guardrail, and Ants.

Brown Brothers Harriman has been busy—so busy that in the past two years, the bank’s investor services unit has delivered three large-scale tech platforms underpinned by various forms of artificial intelligence, and is set to roll out a fourth to its internal users in July.

The most recently implemented project, Guardrail, was completed in 2020 and is part of an ongoing endeavor to radically transform its fund accounting process. It expanded upon one of BBH’s first AI projects in the division

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The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

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