Bloomberg Streamlines Investment and Risk Management at Lombard Odier Investment Managers
Integrated OMS and advanced portfolio management solutions support multi-asset front-to-back workflows
Bloomberg announced that Lombard Odier Investment Managers, the asset management business of the Lombard Odier Group, has adopted its PORT Enterprise solution to support portfolio and risk management across multiple assets classes.
Lombard Odier IM is a long-standing client of Bloomberg’s order management system AIM, and successfully integrated PORT Enterprise in 2019 to support performance attribution and risk management of its fixed income holdings. As a next step, the firm decided to expand its use of PORT Enterprise to include equity portfolio attribution calculation and thus unify portfolio and order management across its equity and fixed income asset management business, using Bloomberg’s comprehensive Buy-Side solutions.
Alexandre Meyer, COO of Lombard Odier IM, said: “We’ve had a close collaboration with Bloomberg for many years, and it was a natural step for us to adopt PORT Enterprise. Using Bloomberg has enabled us to streamline our operating model by providing us with one infrastructure for our multiple workflows for equity and fixed income. Instead of having several separate systems, we now have all securities defined and disseminated in one way across our organization – this creates efficiencies and saves time. Furthermore, we were able to quickly and easily expand our use of PORT Enterprise thanks to the very stable production environment, despite the pandemic.”
“We are delighted to continue supporting Lombard Odier IM’s business, and work with them to optimize their investment and portfolio management processes,” said Ian Peckett, Global Head of Buy-Side Solutions at Bloomberg. “Our integrated and scalable buy-side solutions support the entire front-to-back workflows for our clients as they look to ensure data consistency and streamline workflows across multiple asset classes.”
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