BNP Paribas Integrates with Bloomberg AIM
BNP Paribas’ Securities Services business and Bloomberg have announced an integration that brings together BNP Paribas’ multi-asset servicing capabilities with Bloomberg AIM, a buy-side order management system. According to a story in Traders Magazine, the solution will provide mutual clients with seamless front-to-back workflows and standardized data connectivity to support efficient trade management. The offering delivers real-time post-trade workflows, enhanced by the bank’s middle office outsourcer data, utilizing seamless connectivity from automated trade instruction capture, to status update and end-of-day recaps. Clients benefit from increased transparency along the lifecycle of the transaction, while reducing manual touchpoints and minimizing post-trade risk and costs. Bloomberg AIM is used by nearly 15,000 professionals at over 900 client firms globally to manage more than $22 trillion in assets. Fully integrated with the Bloomberg Terminal, Bloomberg AIM delivers multi-asset solutions for decision support and portfolio management, order management, trade compliance, and post-trade workflows.