APS Asset Management Adopts Bloomberg AIM for Streamlining Post-Trade Workflows

APS Asset Management, a China-focused fund manager based in Singapore, has recently implemented Bloomberg AIM, a leading order and investment management technology solution, to enhance their post-trade workflows. This move is aimed at increasing operational efficiencies, especially in managing a large volume of transactions.

By utilizing Bloomberg AIM’s post-trade Straight Through Processing (STP) package, APS can now streamline operations and gain real-time transparency on trade matching. This not only allows the firm to focus more on exception management but also helps them adapt to regulatory updates such as the T+1 US settlement introduced in May 2024.

Lu Lan Fang, Chief Operating Officer at APS Asset Management, expressed their need for a technology partner to uncover operational efficiencies, with Bloomberg being their partner of choice. The partnership with Bloomberg has enabled APS to enhance their investment capabilities in an agile manner.

Manju Sakhrani, APAC Head of Buyside Product Sales at Bloomberg, highlighted the importance of embedding the right tools and technology in the constantly evolving financial markets. The collaboration with APS Asset Management will help them scale and automate workflows, giving them a competitive edge.

Bloomberg AIM is a widely used order and investment management technology solution, with nearly 15,000 professionals at over 900 client firms globally managing more than $22 trillion in assets. Integrated with the Bloomberg Terminal, Bloomberg AIM offers multi-asset solutions for decision support, portfolio management, order management, trade compliance, and post-trade workflows.

For more information on Bloomberg Buy-Side Solutions, visit their website. Bloomberg is a global leader in business and financial information, providing trusted data, news, and insights to bring transparency, efficiency, and fairness to markets.

APS Asset Management, founded in 1995 by Chief Investment Officer Wong Kok Hoi, specializes in public equity investments with a focus on China. With headquarters in Singapore and offices in China, APS serves global institutional investors with a track record spanning multiple decades. Their approach involves deep fundamental analysis to construct alpha-diversified portfolios in long-only and long-short China public equity offerings.

Overall, the adoption of Bloomberg AIM by APS Asset Management signifies a strategic move towards enhancing operational efficiencies and staying competitive in the evolving financial landscape.