/markets

News and resources on capital markets, exchanges, trade execution and post-trade settlement.

BNP Paribas integrates with Bloomberg AIM to boost post-trade workflows

Source: Bloomberg

BNP Paribas’ Securities Services business and Bloomberg today announced an integration that brings together BNP Paribas’ multi-asset servicing capabilities with Bloomberg AIM, a leading buy-side order management system.

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.

Ugo Loeser, Arca Fondi SGR CEO: “I am extremely pleased with our partnership with BNP Paribas. Our shared vision of technological innovation has led us to become the first client to adopt the solution that was jointly developed by BNP Paribas and Bloomberg. The new workflow has significantly improved the efficiency of our trade management. Our collaboration with international partners in developing new technologies allows us to offer an ever-growing range of value-added services to our network of distributors and customers.”

“As part of our Open Front Office strategy, we are constantly looking to develop integration with leading portfolio management systems. We are very pleased of the achievement of the new integrated model with Bloomberg, offering to our common clients a seamless workflow and the benefits of real time transactional data access throughout the lifecycle of the trade”, said Valerie Boléa Waeterloos, Head of Middle Office Transaction Management product, Securities Services, BNP Paribas. “We are aiming to provide the best client experience, by facilitating our client’s daily journey in the transaction management space as well as accelerating the onboarding of any change in their investment strategy”.

“Bloomberg is focused on establishing direct integrations with asset servicers to promote increased data accuracy across the trade lifecycle and assist our clients in making timely and accurate business decisions,” said Katia Falina, Head of Buy-Side Post Trade Product, Bloomberg. “As our clients evolve, we aim to innovate with them, and we’re pleased to now offer a seamless end-to-end workflow experience with the mutual clients we share with BNP Paribas’ Securities Services business. The Bloomberg team looks forward to working closely with them to serve our clients through this new integration.”

Bloomberg AIM, a leading order and investment management solution, 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. Bloomberg AIM is part of Bloomberg’s Buy-Side Solutions, which deliver front-to-back technology for the investment lifecycle. For more information, visit Bloomberg Buy-Side Solutions.  

Comments: (0)

sponsored