BBH implements account-opening API with Clearstream
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BBH implements account-opening API with Clearstream 28 January 2025US Reporter: Jack McRae
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Brown Brothers Harriman (BBH) has implemented its account-opening API with Clearstream to enhance the investor onboarding process.
BBH’s account opening API launched in 2024 and is designed to work across a range of platforms, banks, and transfer agents.
Manuel Dienhart, BBH’s transfer agency product executive and global head of transfer agency, says: “By connecting Clearstream and BBH through our API, we’re reducing siloed manual operations across transfer agents and platforms to give investors a less fragmented onboarding experience and a quicker time to market.”
Neil Wise, member of the executive board at Clearstream Fund Centre, adds: “Being able to send account opening requests in an automated way is a fundamental building block for straight-through processing in the investor onboarding space.”
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