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- WatersTechnology Staff
- 22 Mar 2024

BBH taps Pirum for securities lending recalls automation

New York-based custodian bank Brown Brothers Harriman’s BBH Global Securities Lending division has begun testing post-trade technology vendor Pirum’s Recalls Manager solution, which aims to reduce fails and create efficiencies in their securities lending workflows as the firm prepares for the move to T+1 settlement.

BBH began using Recalls Manager in a parallel production environment alongside its existing manual email notifications late

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