Bloomberg has announced that Kamco Invest, a leading regional asset manager with around $17 billion in assets under management, has adopted its AIM and PORT Enterprise solutions to help optimise its investment operations, improve efficiency, and reduce risk.

 

Bloomberg's solutions will support Kamco Invest’s front office by improving portfolio management, electronic trading, portfolio construction, optimization, and reporting. 

 

For compliance and middle-office teams, it will automate workflows such as compliance monitoring, trade reconciliation, and corporate action processing, while also integrating with the back office and custodians to enhance efficiency and transparency.

 

With this adoption, Kamco Invest is reinforcing its commitment to leveraging advanced technology to deliver enhanced investment management services and its ability to scale assets under management while maintaining operational resilience.

 

Salah Al Wuhaib, Managing Director of Equity and Fixed Income, said: "As one of the region’s largest asset managers, we continuously seek cutting-edge solutions to elevate our investment process. The integration of Bloomberg AIM and PORT Enterprise not only strengthens our commitment to efficiency and data-driven decision-making but also serves as an optimal solution to enhance value creation for our clients."

 

This expanded collaboration builds on Bloomberg’s longstanding relationship with Kamco Invest, which has historically utilized Bloomberg Terminals and its market leading data sets, stated Al Wuhaib. 

 

Kamco Invest is using Bloomberg AIM, a leading order and investment management solution, to optimise its front-office processes, from order generation to trade execution and fund holdings reconciliation.

 

Integrated into this workflow is PORT Enterprise, which will provide advanced portfolio and risk analytics, equipping the investment team of Kamco Invest with deeper insights to enhance decision-making and client engagement.

 

With the addition of AIM and PORT Enterprise, Kamco Invest has a comprehensive suite of seamlessly integrated buy-side tools, bringing automation and efficiency to both portfolio management and middle-office operations, he added.

 

Rajiv Mirwani, the Head of Middle East & Africa Sales, Bloomberg, said: "We are delighted to support Kamco Invest as they transform their investment operations with Bloomberg’s buyside solutions. As a long-term partner to asset managers across the region, we understand the challenges and opportunities they face."

 

Bloomberg Buy-Side Solutions, he stated, delivers front-to-back technology workflows for the investment lifecycle through a suite of integrated offerings. 

 

Bloomberg AIM comprises multi-asset decision support and portfolio management, order management, trade compliance and post-trade workflows. It is being used by nearly 15,000 professionals at over 900 client firms globally to manage more than $22 trillion in assets.

 

"By integrating our technology and data solutions, Kamco Invest can enhance decision-making, streamline workflows, and scale efficiently in an increasingly complex investment landscape. We look forward to working closely with their team to drive innovation and operational excellence," he added.-TradeArabia News Service