BBH-InterestClaims-BBH Interest Claims

BBH currently process Interest claims data in Merit. System went live in 2021 April. 

Main IT contacts : [e-mail] and [e-mail]

IT manager : [e-mail]

BBH Project Manager: [e-mail]

Cognizant Sales : Daniel Carpenter

Web or Desktop	Web
I.E or Chrome	IE
User roles	Y
AD groups	N
Home screen	N
Interest Claims	N
Claim generation	Y
AutoSend	N
Invoice creation	N
Intercompany Match	N
Equilend Match	N
Payment + Settlement	N
Posting	N
Auto-Payment	N
Auto-Settlement	N
Client SSI maintained in Merit	N
Split claims	Y
Dashboard reports	Y

Interest claims data (all settled data) is received via API. Merit runs four API call (a) Fx rates b) Fed Fund Rate - USD interest rate c) OD rate - non USD interest rate) and created import files to load based on the result received from API.

Based on the claim type (claim type is populated based on rules given by BBH), each claim is moved to a specific worksheet. User performs split claims and generates claims letters.

Historical open and claims also uploaded to the system on go live.