Brown Brothers Harriman (BBH) Foreign Exchange has released one of its latest e-commerce tools – FX ORDERView – an electronic limit order management system designed to help clients streamline the limit order process and track the status of limit orders in real-time around the clock.
FX ORDERView creates efficiencies that reduce the amount of time spent on limit order entry. BBH FX has designed standard order entry screens that make placing every type of limit order simple. Furthermore, clients using FX ORDERView can import limit orders directly from their own order management systems or replicate previously placed orders all in a single keystroke. By standardizing the limit order process, this system helps clients minimize costly errors and manual work, resulting in better risk management.
FX ORDERView enables users to conveniently transmit and monitor limit orders via a highly secured system using 128-bit SSL encryption, Digital Certificates, and a unique User Name and Password.
FX ORDERView is the latest addition to the BBH WorldView suite of products providing client driven solutions. In addition to FX OrderView, other products created by BBH are:
Fund WorldView(sm) – a mutual fund research and analytical tool that delivers comprehensive and timely fund information to your desktop. Combined with our global execution and custody service, BBH offers a complete mutual fund investment solution.
ActionView(sm) – a single system to receive corporate action notifications and respond to all voluntary corporate and mandatory with election, action types electronically. This system incorporates both US and non-US actions for all action and account types.
FX WorldView(sm) – an FX dealing system designed for the global investor. This product offers a combination of the latest technology and BBH’s commitment to service, providing our clients the ability to execute FX trades online.
FX Indexlink (sm) – an automated currency trading tool designed in cooperation with fund managers and clients needing to minimize intra-day currency risk, increase trading efficiency through aggregation and allocation, and to accelerate turn around timeon trade confirmations.
Inquiry Manager – an online inquiry management system which allows 24 hour access to initiate and receive the status of all client inquiries.
Other competing tools offered in the market with similar client focused capabilities are FX All, FX Connect, and Atriax:
FX All (sm) is an electronic trading platform provided by FX Alliance LLC offering customers foreign currency trade execution, access to research, and straight through processing.
FX Connect (superscript: (sm)) is an electronic multibank foreign exchange trading system via State Street Corporation’s Global Link Network. This product enables clients to trade foreign exchange on a proven multibank platform. Designed to fully interface with clients’ existing systems, FX Connect enables investors to bulk trades across an unlimited number of portfolios with multiple banks, offering greater liquidity, flexibility and straight-through-processing efficiencies.
Atriax (c) is an electronic marketplace for foreign exchange products and related services. This product delivers to its dealing members prices, transparency and liquidity in a wide range of currencies. Atriax also provides market data and news from Reuters, and aggregated research from its bank members, indexed to facilitate easy access.