APS Asset Management (‘APS’), a China-focused, Singapore-headquartered fund manager, has adopted Bloomberg AIM, an order and investment management technology solution, to streamline and automate their post-trade workflows.
APS selected Bloomberg AIM to help increase the firm’s operational efficiencies, particularly around its large volume of transactions. Bloomberg AIM and its post-trade Straight Through Processing (STP) package enables APS to streamline operations by providing real-time transparency on trade matching.
In addition to streamlined operations that allow the fund manager to focus more on exception management, the solution helps APS remain nimble in light of regulatory updates such as the T+1 US settlement introduced in May 2024, added Bloomberg.
“APS Asset Management has undergone substantial growth over the past few years and was in search of a technology partner to help us uncover operational efficiencies,” said Lu Lan Fang, chief operating officer at APS Asset Management, “Bloomberg is our partner of choice and their end-to-end trading and automation solutions have allowed us to enhance our investment capabilities in an agile way.”
“Financial markets are constantly evolving and we’ve seen first-hand that buy-side firms which embed the right tools and technology are gaining a competitive edge,” said Manju Sakhrani, APAC head of buyside product sales at Bloomberg, “We are proud that our partnership with APS Asset Management will help them scale and automate workflows.”
Bloomberg says AIM, an order and investment management technology 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.
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