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BBH unveils securities lending mobile application for iPhone and Blackberry
Jan 11, 2011 by Charles Gubert
Brown Brothers Harriman (BBH) has launched a securities lending mobile application for the iPhone and Blackberry.
The application will provide access to program revenues, loan balances and loan distribution by borrower, along with the latest market news about how developments are affecting securities lending revenues.
“Recent market events and ongoing market volatility have intensified our clients’ need for immediate access to financial information,” said Chris Donovan, head of global securities lending for BBH (pictured).
“At a moment’s notice, clients want to know what securities they have out on loan, their loan exposure to any institution and how a market event is affecting their portfolio,” she added.
This comes shortly after Deutsche Bank Global Prime Finance unveiled its own prime services application for the iPhone and iPad earlier in January 2011.
