Bloomberg AIM Adopted by APS Asset Management to Automate Post-trade Workflows

Singapore-headquartered fund manager APS Asset Management has adopted order and investment management technology solution Bloomberg AIM to automate its post-trade workflows. According to a story in The Trade news, Bloomberg AIM was selected by APS to increase the firm’s operational efficiencies, particularly around its volume of transactions. The solution and its post-trade straight through processing (STP) package will also provide APS with real-time transparency on trade matching. Separate to providing more focus on exception management, Bloomberg AIM will also help APS manage regulatory updates such as the North American shift to T+1 settlement introduced in May.