Nykredit Asset Management (NAM) has adopted Bloomberg’s buy-side solutions as it sets its sights on an efficient target operating model to support AUM growth.
NAM will deploy Bloomberg AIM, an order and investment management technology solution, to streamline its multi-asset order management operations while integrating trading connectivity for multiple asset classes.
Thomas Bjørn Jensen, chief operating officer (COO), asset management at Nykredit Group, said: “Nykredit Asset Management is focused on continuously improving the front-to-middle office investment chain; therefore, we’re pleased to adopt Bloomberg’s Buy-Side solutions, including AIM and PORT Enterprise, which enable us to improve efficiency across multiple asset classes and workflows. Bloomberg’s industry-leading solutions will support us greatly as we look to scale and future proof our business.”
The firm has also adopted Bloomberg’s portfolio and risk analytics solution PORT Enterprise, which delivers risk and attribution models and detailed portfolio analytics.
Raquel Alves, global head of buy-side OMS, Bloomberg, said: “We’re looking forward to continuing our relationship with Nykredit and aiding them in meeting their firm’s priorities in achieving streamlined and integrated order management workflow, data and analytics.”
Bloomberg AIM is used by nearly 15,000 professionals at more than 900 client firms globally to manage more than US$22 trillion in assets. PORT and PORT Enterprise provide portfolio and risk analytics with advanced risk and return attribution models across 15,000 firms globally empowering clients to gain deeper insights into portfolios. Together, these solutions manage integrated workflows of more than 200 shared clients.
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