Lombard Odier IM selects Bloomberg’s PORT Enterprise solution

By Megha Bhattacharya

Bloomberg today announced that Lombard Odier Investment Managers has adopted its PORT Enterprise solution for supporting portfolio and risk management services across multiple asset classes. The company aims to expand its use of PORT Enterprise for including 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, said, “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 organization – 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.”

Lombard Odier IM also uses the Bloomberg Barclays fixed income indices as official benchmarks for multiple strategies.

Recently, wealth management specialist VEGA Investment Managers implemented Bloomberg’s Portfolio and Risk Analytics solution, PORT Enterprise that helps in the delivery of risk and attribution models along with detailed portfolio analytics. PORT Enterprise is a premier solution that also delivers enhanced reporting capabilities that are powered by advanced risk models.

“We are delighted to cotinue supporting Lombard Odier IM’s business, and work with them to optimize their investment and portfolio management processes,” said 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.”