Bloomberg Buy-side Solutions Adopted by German Asset Manager
German asset manager BayernInvest has adopted an integrated suite of Bloomberg solutions to support its front-to-back workflows. According to a story in The Trade News, the tech-stack from Bloomberg will be used to optimize the efficiency of technical processes and allow BayernInvest to scale its products offering with minimal cost impact. BayernInvest, which has €88 billion assets under management, already utilized Bloomberg solutions within its workflow, including Bloomberg’s PORT Enterprise and EMSX solutions, as well as pricing data and the Bloomberg Global Aggregate Bond Indices. The adoption of this expanded set of Bloomberg solutions will allow BayernInvest to benefit from a fully integrated order management system offering across all key asset classes. In addition, by engaging with Bloomberg AIM’s portfolio manager workspace (PM <GO>), the asset manager will be able to make faster decisions and apply changes to its portfolios at scale, according to Bloomberg. Bloomberg’s MARS Collateral Management offering will also provide BayernInvest increased connectivity across workflows, with fewer manual processes.