CGS-CIMB Securities Adopts Bloomberg Technology Solutions to Grow Regional Fixed Income Franchise

Singapore – CGS-CIMB Securities International Pte. Ltd. (“CGS-CIMB”), an integrated financial service provider in Asia, has adopted Bloomberg’s Trade Order Management System (“TOMS”) and high-quality data via Bloomberg Data License (“DL”) to scale its regional fixed income strategy and expand into new markets including South Korea, Taiwan and Hong Kong.

The principal activities of CGS-CIMB’s Fixed Income Department include trading and execution, development of Fixed Income products and portfolio solutions for retail, corporate, and institutional clients. With a large Asian footprint, CGS-CIMB Securities has been investing in infrastructure and digital transformation efforts to create a differentiated operating model.

”We take an on-the-ground approach to identifying efficient technology to build an architecture that promotes product superiority and scalability. Our order taking workflow has transitioned from voice to real-time FIX connectivity for our buy-side and CFD bond businesses. This is a culmination of development and design work we’ve been focusing on, to deliver value to customers and shareholders,” said Dino Tan, Regional Head of Fixed Income, CGS-CIMB.

“With Bloomberg’s partnership, we are able to centralize and optimize work flows across the pre-to-post trade cycle, which includes syncing-up execution, risk reporting, and settlement bookings functions. Technology transformation continues to be a priority to ensure we stay at the forefront of digital innovation in the Asia credit markets,” Tan added.

“We are excited to support CGS-CIMB as they expand their fixed income franchise in a dynamic region. Our fixed income heritage and deep technology expertise will support their growth and help them advance fixed income investment in Asia-Pacific,” said Phil McCabe, Global Head of Sell-side Solutions, Bloomberg.

Bloomberg’s TOMS provide sell-side firms the capabilities to efficiently manage inventory, risk, P&L, compliance, and straight-through processing across various asset classes. The suite of solutions includes electronic trading tools and market connectivity to help firms synchronize their front office risk and trading with middle-office, operations, and enterprise applications in real time.

Bloomberg’s TOMS has been awarded the ‘Best Sell-Side Order Management System Provider’ by Waters Ranking six years in a row. Bloomberg’s integrated suite of solutions for the sell-side help more than 16,300 users across the world manage positions, trade orders, multi-asset risk, execution as well as a salesperson efficiency, which is built on an algorithm that lets relationship managers know which clients to call and when. For information on TOMS, please click here.

About CGS-CIMB Securities International Pte. Ltd.
CGS-CIMB Securities International Pte. Ltd. is one of the leading integrated financial service providers in Asia. It is a 50-50 joint venture between China Galaxy International Financial Holdings Limited, a wholly-owned subsidiary of China Galaxy Securities Co. Ltd., and CIMB
Group Sdn. Bhd.

Through a network of local offices, branches and strategic partners, we have direct global presence in over 20 countries, providing a truly Asian perspective. We are well-positioned as Asia’s leading financial gateway with a core focus on deep-dive research and in-depth analysis on equities and financial products.

We are a customer-centric firm and focus on value creation for clients, offering a suite of investment and financial solutions for retail and institutional clients. Our businesses include retail broking, institutional equities, derivatives, prime services, equities research, wealth management and online broking.

Backed by an award-winning research team, we have one of the most comprehensive research coverage of over 800 Asian stocks. Our strong research capabilities form the backbone of our product and service offerings, connecting clients to opportunities.