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Lombard Odier IM Adopts Bloomberg's PORT Offering, Extends Relationship

Editorial Staff

4 November 2020

Lombard Odier Investment Managers, the asset management business of Swiss private bank said in a statement yesterday.

As a next step, Lombard Odier decided to expand its use of PORT Enterprise to include equity portfolio attribution calculation and thus unify portfolio and order management across its equity and fixed income asset management business, using Bloomberg's buy-side solutions.

“Using Bloomberg has enabled us to streamline our operating model by providing us with one infrastructure for our multiple workflows for equity and fixed income. Instead of having several separate systems, we now have all securities defined and disseminated in one way across our organisation - this creates efficiencies and saves time. Furthermore, we were able to quickly and easily expand our use of PORT Enterprise thanks to the very stable production environment, despite the pandemic,” Alexandre Meyer, chief operating officer of Lombard Odier IM, said.

Bloomberg's buy-side solutions offerings are used by large asset managers, hedge funds, insurance companies, pension funds and government agencies. Bloomberg AIM, the order management system, is used by nearly 15,000 professionals at more than 900 client firms in over 90 countries to manage more than $17 trillion in assets, and PORT is a multi-asset portfolio and risk analytics solution that provides investors with the tools to implement optimal investment portfolio strategies.