Brown Brothers launches auto funds tool
TECHNOLOGY NEWS
DUBLIN -- US investment bank Brown Brothers Harriman launched a new currency-trading tool for fund managers at a mutual funds conference in Dublin last week.
The tool, called FX IndexLink, aggregates trades for fund managers with straight-through processing, and enables users to track the performance of their trades 24 hours a day.
FX IndexLink replicates the way fund managers have traditionally kept track of their trading and risk management, but cuts down on human errors and delays by being
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