Brown Brothers Harriman (BBH) has launched a new suite of ETF specific products where ETF sponsors and authorized participants can manage ETF operations through a single platform.
Using the new product suite, ETF Connect, clients will be able to access ETF-specific tools and reports via a single portal. The portal provides access to new ETF products including the recently launched APEX (AP Exchange) for ETFs.
APEX provides workflow automation based on client specified creation / redemption order requirements which take place between the ETF sponsor, APs and BBH as fund administrator and custodian. APEX is fully integrated with BBHs global custody, accounting and transfer agency (TA) systems to streamline the processing of transactions.
ETF Connect demonstrates our commitment to this strategically important and fast growing market” said Sen Pircir, partner in Investor Services. We believe that the continued development of this portal will enhance our differentiated and market leading suite of ETF services.
ETF Connect is a great example of the innovation that BBH brings in partnership with our clients to streamline their operations by centralizing connectivity points to BBH. Our goal as a service provider is to increase our clients efficiencies allowing them to focus on their priorities. ETF Connect is a testament to this goal, stated Rick Berk, partner of Investor Services Product Management group.
(JDC)