After analyzing a number of front end solutions, we chose Bloomberg POMS because of its robust security database, compliance capabilities and direct order entry system.
Hamilton, Bermuda (PRWEB) May 29, 2008
Lines Overseas Management Limited, a subsidiary of LOM (Holdings) Limited (http://www.lom.com), today announced that it has selected the Bloomberg Portfolio Order Management System ("POMS") to automate and streamline its front office investment practices across the firm's multiple business units, including its asset management and brokerage operations.
"This move reiterates our commitment to providing our portfolio managers, traders and advisors with state of the art tools for them to efficiently and effectively service the needs of our diverse client base," said LOM (Holdings) Limited President, Scott Lines. "After analyzing a number of front end solutions, we chose Bloomberg POMS because of its robust security database, compliance capabilities and direct order entry system."
Bloomberg POMS, available via the BLOOMBERG PROFESSIONAL® service, is a complete front‐end solution for institutional asset managers, traders and stock brokers. Bloomberg POMS offers portfolio managers, traders and middle office professionals the modules they need to manage their business effectively, leveraging Bloomberg analytics, data and global network throughout the workflow of the system.
The LOM Group is an offshore international financial services company, providing a complete range of investment services and products through its regulated subsidiaries in Bahamas, Bermuda and Grand Cayman and a marketing office in London, England. In business for over 15 years, LOM today has over $1 billion in client assets under administration and provides brokerage, asset management, and corporate finance services to its primarily high net‐worth individual and institutional customers in over 75 countries around the world. The parent company, LOM (Holdings) Limited, is publicly listed on the Bermuda Stock Exchange (symbol LOM BH). The consolidated group is debt‐free and has a market capitalization of over $25 million.