Citadel Solutions, an affiliate of Citadel Investment Group, today announced the creation of the first fully-integrated hedge fund trading platform for users of Bloomberg AIM, the buy side order management system ("OMS") of the Bloomberg Professional service.
Equipped with Citadel Solutions' Operational Alpha, Bloomberg AIM customers will now be able to seamlessly integrate front, middle, and back-office functions. The streamlined platform includes OMS, EMS, risk, compliance, data, security valuation, trade break management and fund administration.
John Buckley, President of Citadel Solutions, said, "Citadel Solutions and Bloomberg AIM both provide innovative technology-focused solutions to support fund managers, CFOs, traders, and middle-office operations. Leveraging our complementary services represents a natural evolution toward providing a single, dynamic solution for hedge fund clients."
According to Tom Secunda, of Bloomberg, "The integrated capabilities deliver a value solution for mutual clients of Bloomberg AIM and Citadel Solutions, putting managers at the cutting edge of this rapidly evolving industry."