Bloomberg streamlines investment and risk management at Lombard Odier Investment Managers

Lombard Odier Investment Managers, the asset management business of the Lombard Odier Group, has adopted Bloomberg's PORT Enterprise solution to support portfolio and risk management across multiple assets classes.

Lombard Odier IM is a long-standing client of Bloomberg’s order management system AIM, and successfully integrated PORT Enterprise in 2019 to support performance attribution and risk management of its fixed income holdings. As a next step, the firm 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 comprehensive Buy-Side solutions.

Alexandre Meyer, COO of Lombard Odier IM, says: “We’ve had a close collaboration with Bloomberg for many years, and it was a natural step for us to adopt PORT Enterprise. 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.”

“We are delighted to cotinue supporting Lombard Odier IM’s business, and work with them to optimise their investment and portfolio management processes,” says Ian Peckett, Global Head of Buy-Side Solutions at Bloomberg. “Our integrated and scalable buy-side solutions support the entire front-to-back workflows for our clients as they look to ensure data consistency and streamline workflows across multiple asset classes.”

Lombard Odier IM also uses the Bloomberg Barclays fixed income indices as official benchmarks for multiple strategies. The Index families represent a key part of Bloomberg’s offering and also use the risk and performance models underlying PORT Enterprise.

Bloomberg’s Buy-Side solutions, which include AIM and PORT Enterprise, are used by some of the largest asset managers, hedge funds, insurance companies, pension funds and government agencies. Bloomberg AIM is a leading order management system (OMS), used by nearly 15,000 professionals at over 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. PORT Enterprise is a premier solution that also delivers enhanced reporting capabilities that are powered by advanced risk models. PORT and PORT Enterprise are used by 93 of the top 100 asset managers and has 47,000 active users globally.