The combined solution enables its asset manager clients to outsource as many services as needed across the pre- and post-trade.
UK regulator to target business models of third-party outsourcing providers as part of its 2018/19 Business Strategy.
BNP Paribas has opened the doors to its mutual fund administration business with the completion of Janus Henderson deal.
The new tool by BBH will give asset managers greater oversight of the net asset value (NAV) function performed by fund administrators.
The appointment comes off the back of a need for more client management roles in private equity administration, as outsourcing continues to increase.
New private equity mandates in the US, Europe and Asia-Pacific helped offset negative flows in global macro and multi-strategy fund managers.
More private equity mangers are looking to outsource their middle- and back-office operations, after seeing an influx of institutional money into private equity assets.
The decision to outsource the majority of its back-office functions comes as asset managers face increasing pressures of running their operations teams in-house.