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Ten Leading firms across Asia Pacific adopt Bloomberg Buy-Side Solutions


Bloomberg announced that ten leading asset managers across Asia Pacific have adopted Bloomberg Asset & Investment Manager (AIM), its buy-side order management system, from its suite of buy-side solutions, with several enterprise projects going live over recent months. Bloomberg’s comprehensive buy-side solutions enable investors to navigate increasingly volatile markets and a fast-evolving global regulatory environment.

The firms include Hong Kong based Fubon Fund Management HK Ltd.; Shanxi Securities International Asset Management Ltd.; Singapore-based Haitong International Securities (Singapore) Pte. Ltd.; Mumbai-based DSP Investment Managers Private Limited.; and Brunei-based Bank Islam Brunei Darussalam Berhad.

Bloomberg’s suite of buy-side solutions offer multi-asset capabilities to support firms at every stage of the investment lifecycle, including research management, portfolio construction, trade and order management, risk management, performance and attribution, electronic trading and operational tools. Amid unprecedented market conditions, Bloomberg’s integrated enterprise solutions continue to support Asia’s leading buy-side firms from front office pre-trade to post-trade operations, enabling greater operational efficiency through their investment journeys.

“We are pleased to work with buy-side technology partners like Bloomberg to empower efficient workflows across the organization. As the global investment landscape faces unprecedented challenges and volatility, it is imperative that our firm is equipped with resilient technologies to diversify strategies and manage risks, and thereby maximize our efficiency and capture growth,” said Haimo Zhang, Director, RO and Head of Asset Management, Shanxi Securities International Asset Management Ltd.

Added Ashish Bajaj, Chief Technology Officer at DSP Investment Managers Pvt Ltd: “DSP Investment Managers is excited to work with buy-side technology partners like Bloomberg in its mission to build efficient workflows across the firm. As the global investment landscape faces unprecedented challenges and volatility, it is imperative that our firm is equipped with resilient technologies to diversify strategies and manage risks with an aim to produce best outcomes for our investors. As we navigate a complex financial landscape, Bloomberg remains our technology partner of choice. We believe that their holistic buy-side solution and efficient implementation will help us differentiate our offering and attract clients globally.”

“Bank Islam Brunei Darussalam (BIBD) Berhad, through its subsidiary BIBD Securities Sdn Bhd is pleased to be working with Bloomberg as we begin our journey as the first Shariah Asset Manager in Brunei,” said Jason Wong, Head of Fixed Income at BIBD Asset Management. “Bloomberg AIM is an industry-leading platform that provides the agility we require to execute quickly and intelligently while simultaneously delivering a workflow optimized for efficiency throughout the entire trade process. We are happy with the service, delivery time and professionalism provided by the Bloomberg team and look forward to future collaboration.”

Most of these complex projects have been implemented by Bloomberg on an enterprise-wide level despite COVID-19 related lockdown restrictions.

“As asset managers navigate the investment impact of COVID-19, resilient technology solutions and operating models are becoming more important,” said Philippa Thompson, head of Bloomberg’s Asia buy-side enterprise sales. “We remain fully committed to serving our clients though this period and delivering high-quality implementation projects on-time. These leading asset managers have also showcased their business resilience through strategic investments in technology during a time of market uncertainty, which in the long-term will enable them to survive and thrive.”

Bloomberg AIM is a leading order management system (OMS), used by nearly 14,000 professionals in over 90 countries at more than 850 client firms, and PORT is a portfolio and risk analytics solution, that provides investors with tools to implement optimal investment portfolio strategies. In addition, Bloomberg’s PORT Enterprise offering delivers enhanced reporting capabilities that are powered by advanced risk models. Bloomberg’s buy-side solutions, which include AIM, PORT and PORT Enterprise are used by some of the largest asset managers, hedge funds, insurance companies, pension funds and government agencies.

For more information on Bloomberg’s Buy-Side Solutions, please click here.

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