Brown Brothers Harriman (BBH) and SimCorp have announced a strategic alliance aimed at giving asset managers a more integrated operating model across the investment lifecycle. The firms say in a press release that they are combining technology, data and services into a single front-to-back framework, targeting managers that want to modernise and streamline their infrastructure.
The connection between the two firms’ systems is built around BBH Infomediary, BBH’s data integration and connectivity engine. According to the announcement, Infomediary is being used to link SimCorp One’s front and middle office capabilities, including a real-time IBOR delivered via SimCorp Managed Business Services, with BBH’s fund administration and custody services.
Infomediary is also positioned as the mechanism for connecting to third-party technologies and service providers, allowing asset managers to use an open architecture rather than a closed, single-vendor setup.
Focus on operating model and data
The joint offering is described as addressing the needs of global asset managers looking to streamline their operating model, gain more control over workflows and improve how data is used across the organisation. The solution combines SimCorp’s enterprise investment platform with BBH’s investor services and custody suite.
The first asset manager named as a user of the combined solution is Quoniam Asset Management. The systematic manager is using the setup in connection with the launch of its UniActive Q ETF, supported by the integrated technology and data framework from SimCorp and BBH.
