Bloomberg announced that Actinver Asset Management, one of Mexico’s largest asset management firms with over 360 billion pesos in assets under management (AUM), has adopted Bloomberg’s integrated buy-side solutions to implement a seamless order and risk management workflow.
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“Actinver Asset Management is excited about our implementation of Bloomberg’s solutions to position us for even more growth,” said David Galarza, General Director of Actinver Fund Operator and Actinver Asset Management. “This is a strategic initiative for us,” he added, “We believe that Bloomberg’s technology, combined with our experience and expertise, will help global and local investors see that Actinver Asset Management is their best and first choice for managing investments in Mexico.”
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Actinver has implemented Bloomberg AIM, a leading order and investment management technology solution, to streamline their workflows across the entire trade lifecycle and reduce overall manual tasks to unlock scalability. Additionally, Actinver is utilizing AIM’s robust pre- and post-trade compliance functionality to maintain compliance with local regulatory mandates.
The Actinver asset management team has also implemented solutions within Bloomberg MARS, a leading risk management system, enabling firms to analyze, manage and mitigate portfolio risk exposures. MARS Market Risk provides Actinver with a full market risk workflow, including the ability to identify sources of market risks across instruments linked to their funds, both on an absolute and relative basis. Actinver utilizes MARS Collateral Management to assist with compliance with evolving over the counter (OTC) derivatives regulations imposed by the Central Bank of Mexico.
With this integrated solutions suite, Bloomberg helps Actinver reduce operational risk through efficient, scalable workflows from pre-trade compliance to trade capture, risk management and analytics, and data delivery to the firm’s accounting teams.
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“We are delighted to be working with Actinver Asset Management to enhance their technology and congratulate them on reaching the remarkable milestone of 300 billion pesos in assets under management in funds. This accomplishment solidifies their position as the fifth-largest fund Operator in the country,” said Liza Parlatore Lopez, Bloomberg Business Executive for Mexico and Central America.
Bloomberg AIM and MARS are part of Bloomberg’s integrated buy-side solutions, which deliver front-to-back technology across the investment lifecycle. Bloomberg AIM, a leading order and investment management technology solution, is used by nearly 15,000 professionals at over 900 client firms globally to manage more than $22 trillion in assets. Fully integrated with the Bloomberg Terminal, Bloomberg AIM delivers multi-asset solutions for decision support and portfolio management, order management, trade compliance, and post-trade workflows.
Bloomberg’s suite of Multi-Asset Risk Solutions (MARS), which are delivered on the Bloomberg Terminal and via APIs, provide risk analytics for cash and derivatives securities. Bloomberg MARS is used by more than 1,100 professionals, including traders, portfolio and risk managers at over 900 client firms to access real-time analytics, innovative derivatives pricing libraries and comprehensive market data coverage. The suite offers front office risk, market risk, counterparty risk, credit risk, hedge accounting, collateral management, regulatory capital and other metrics so firms have a unified and consistent front-to-back view of their businesses.
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Source: prnewswire