VEGA Investment Managers adopts Bloomberg’s PORT Enterprise

By Megha Bhattacharya

Wealth management specialist VEGA Investment Managers has 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.

“Bloomberg’s PORT Enterprise and AIM solutions are helping our portfolio and risk managers collaborate more efficiently, by streamlining order and portfolio management and enabling us to use the same analytics across departments. The quality of the risk and attribution models and the power of PORT Enterprise’s batching tool also enables us to improve productivity, ultimately helping us continue to serve our clients and grow our business” said David Tourte, VEGA’s Chief Risk Officer.

Recently, Bloomberg announced that Spain-based Bankia Asset Management has selected the former’s order management solution Asset & Investment Manager (AIM). Bankia AM has been utilising Bloomberg’s AIM to achieve its objective of simplifying order management for the whole investment lifecycle and from the front to the middle office across all asset classes and portfolios.

“Bloomberg is well-positioned to provide VEGA IM with an integrated suite of solutions, enhancing collaboration and providing better decision-support,” said Ian Peckett, Bloomberg’s global head of buy-side product. ‟We provide our clients with scalable technology to help them optimize their workflows, enabling them to better serve their customers. Bloomberg’s Buy-Side solutions support clients across the entire investment process, delivering a range of tools to increase efficiency, and realize meaningful workflow improvements.”