APS Asset Management Adopts Bloomberg AIM to Streamline Operations and Enhance Investment Capabilities
APS Asset Management, a China-focused fund manager based in Singapore, has recently made a strategic move to adopt Bloomberg AIM, an order and investment management technology solution. This decision was made in order to streamline and automate their post-trade workflows, ultimately increasing operational efficiencies for the firm.
With a large volume of transactions to manage, APS selected Bloomberg AIM for its post-trade Straight Through Processing (STP) package, which provides real-time transparency on trade matching. This technology will allow APS to focus more on exception management and remain agile in the face of regulatory updates, such as the recent T+1 US settlement introduced in May 2024.
Lu Lan Fang, the Chief Operating Officer at APS Asset Management, expressed the firm’s need for a technology partner to uncover operational efficiencies amidst substantial growth in recent years. Bloomberg was chosen as the partner of choice, with their end-to-end trading and automation solutions enhancing APS’s investment capabilities in a flexible 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 partnership with APS Asset Management is expected to help the firm scale and automate workflows, gaining a competitive edge in the industry.
Bloomberg AIM is a widely used technology solution, with nearly 15,000 professionals at over 900 client firms globally managing more than $22 trillion in assets. Fully integrated with the Bloomberg Terminal, Bloomberg AIM offers multi-asset solutions for decision support, portfolio management, order management, trade compliance, and post-trade workflows. This adoption of Bloomberg AIM is part of Bloomberg’s Buy-Side Solutions, providing front-to-back technology for the investment lifecycle.
Overall, APS Asset Management’s adoption of Bloomberg AIM marks a significant step towards enhancing operational efficiencies and staying ahead in the competitive financial market landscape.