⏱ 1 min read
Background
Lombard Odier est une banque privée genevoise. Elle utilise depuis longtemps les solutions de gestion des risques d’investissement de Bloomberg dans sa gestion d’actifs.
The key points
Lombard Odier is extending the use of Bloomberg's investment risk solutions to wealth management and private banking. The group aims for a unified risk management framework across all its activities, according to finews.com.
The approach is meant to align divisions, regions and asset classes. It relies on consistent data, robust controls and scalable technology.
What it means for businesses
The integrated solutions cover the entire investment lifecycle: research, portfolio construction, risk monitoring, compliance, execution and operations. The platform combines Bloomberg AIM, PORT Enterprise, MARS and Bloomberg's Data Validation Service.
Who says what
For Alexandre Meyer, managing partner at Lombard Odier, the rollout is part of the group's operating model transformation. It should strengthen risk oversight and efficiency. Jose Ribas, of Bloomberg, speaks of a modern API-first architecture.
