Brown Brothers Harriman & Co. (BBH) has expanded its relationship with Resona Asset Management Co. Ltd. a leading investment management firm based in Japan to include InfoFX, BBH’s automated 3rd Party FX solution. This collaboration marks a milestone as it becomes the first Japanese investment manager to implement InfoFX. InfoFX is a securities-based FX solution that enables automated FX order generation with execution netting capability. InfoFX supports FX orders across multi-custodian accounts and covers both freely traded markets and select restricted markets. Since its onboard with InfoFX, Resona AM has already seen its decision to use InfoFX result in greater operational efficiencies through trade data transmission and FX netting, along with improved flexibility in their security-based FX workflow. “Global asset managers continue to look for ways to optimize their trading and operational workflows, so we are thrilled to expand upon our longstanding relationship with Resona Asset Management, a key relationship for BBH in Japan,” said Munenori Yoshihara, Head of Relationship Management Japan and Markets Asia at BBH.
