LONDON, Oct. 15, 2020 /PRNewswire/ — Bloomberg introduced right now that Bankia Asset Administration (Bankia AM), the asset administration arm of Bankia, the fourth largest monetary agency in Spain, has adopted Bloomberg’s Asset & Funding Supervisor (AIM), a number one order administration answer throughout all of its portfolios.
Utilizing Bloomberg AIM has helped Bankia AM obtain its goal of streamlining order administration for the entire funding lifecycle and from the entrance to the center workplace throughout all asset courses and portfolios. AIM has enabled Bankia AM to onboard all its property onto a single answer offering instruments to help order administration, portfolio analytics, efficiency administration and matching. The mixing of AIM with Bankia AM’s in-house and third celebration options helps set up information consistency all through the funding lifecycle, and helps automate and simplify processes carried out each day. Portfolio managers at Bankia AM are additionally capable of entry AIM and the Bloomberg Terminal service remotely by way of Bloomberg Wherever.
“The implementation of Bloomberg AIM marks a big milestone within the technological and operational transformation journey of Bankia AM. By centralizing our information and enabling us to handle all operations from a single answer, AIM helps us enhance operational effectivity, scale back dangers and carry out compliance duties, equivalent to pre-trade evaluation, in a scientific approach,” mentioned Sebastian Redondo, CIO of Bankia AM.
“We’re completely satisfied to help Bankia AM as they give attention to optimizing their funding processes through the use of the expansive instruments accessible by way of AIM,” mentioned Ian Peckett, Bloomberg’s International head of buy-side product. ‟We’re targeted on offering our purchasers with scalable expertise that may be tailored to their wants to extend effectivity, and understand significant workflow enhancements.”
Bloomberg’s Purchase-Aspect options, which embody AIM, PORT and PORT Enterprise are utilized by a number of the largest asset managers, hedge funds, insurance coverage firms, pension funds and authorities businesses. Bloomberg AIM is a number one order administration system (OMS), utilized by practically 15,000 professionals at over 900 shopper companies in over 90 nations to handle greater than $17 trillion in property, and PORT is a multi-asset portfolio and danger analytics answer that gives traders with the instruments to implement optimum funding portfolio methods. PORT Enterprise is a premier answer that additionally delivers enhanced reporting capabilities which might be powered by superior danger fashions. PORT and PORT Enterprise are utilized by 93 of the highest 100 asset managers and has 47,000 lively customers globally.
About Bankia AM
Bankia AM embraces all of the actions associated to asset administration, funding funds, pension funds, SICAV and portfolio administration, amongst others. As of September 2020, it has an AUM of 25,800€ billion divided throughout the primary strains of enterprise as 19,700€ billion on Funding Funds and €6,100 billion in Pension Funds. Primarily based on this figures, it’s presently located because the 4th greatest Asset Supervisor within the Spanish Market.
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