Brown Brothers Harriman (BBH) Foreign Exchange announced today the launch of the web-based version of FX IndexLink, BBH’s proprietary currency-trading tool that provides benchmark neutral currency execution.
Designed in cooperation with clients, FX IndexLink aims to help global money managers minimize intra-day currency risk, increase trading efficiency, and accelerate turn-around time on trade confirmations. “The new web capability allows clients to access FX IndexLink for comprehensive, real-time reporting available 24/7, trade and rate histories, and chat capabilities,” explains BBH. “This highly flexible product delivers robust straight-through-processing efficiencies through customizable electronic transfer of trade details and enhanced trade aggregation capabilities. Global investors can use FX IndexLink to simplify currency transactions related to contract hedging, or dividend and interest repatriation while minimizing human error and reducing processing time. “
“At BBH, we work with our clients to create valuable trading solutions that improve their currency execution,” adds Brenda Kerins, Vice President and head of FX e-Commerce Marketing at BBH. “The new web version of FX IndexLink will give our clients even more opportunity to manage and reduce risk on a day-to-day basis.”