"With our commitment to provide increased operational efficiencies and access to data for our clients, we are pleased to have entered into a new relationship with Bloomberg," says Dr. Lance Smith, CEO & co-founder of Imagine Software.
New York, NY (PRWEB) March 18, 2014
Imagine Software, a leading provider of real-time portfolio and risk management solutions to the global investment community, today announced its participation in Bloomberg's Enterprise Solutions partner program, which enables Imagine to deploy its solutions using Bloomberg's premium financial information.
Imagines' portfolio and risk management solutions are used by traders, risk and portfolio managers, operations and technology professionals at hedge funds, funds of funds, asset managers, banks and brokerage firms. Participating in Bloomberg's Enterprise Partner program enables Imagine to help its clients synchronize middle and back office operations with front office trading activities by deploying Imagine software with the same trusted data that clients use with the Bloomberg Professional service.
Imagine also incorporated Bloomberg's Open Symbology, or BSYM, a flexible and publicly available methodology for identifying financial securities in all global asset classes. Adopting BSYM helps clients enhance data integration and management processes.
"With our commitment to provide increased operational efficiencies and access to data for our clients, we are pleased to have entered into a new relationship with Bloomberg, one of the leading data providers to the financial industry," said Dr. Lance Smith, CEO and founding partner of Imagine Software. "Those of our clients who want to use Bloomberg content in our applications can receive a seamless solution that will save them time and cost."
“The institutional quality of our infrastructure is supported by how intelligently we can use the data across all of our systems,” says Dr. Darren Rodohan, Chief Technology Officer of Arrowgrass Capital Partners in London. “Imagine’s support of Bloomberg data will dramatically decrease our overall costs for market data and help us move towards a single symbology.”
Bloomberg's Enterprise Solutions partner program enables financial software providers to connect to Bloomberg applications and access its premium financial information. To date, more than 125 financial software vendors have registered to participate. Bloomberg’s Enterprise Solutions delivers a suite of products and services that enables financial firms to seamlessly and transparently manage data and technology infrastructure from the desktop end-user through to back-office operations.
“Bloomberg Enterprise Solutions is working with financial software partners to help meet the needs of a global and growing Financial Services customer base,” said Scott Miller, a global business manager of Bloomberg's Enterprise Solutions group. “Joining our partner community will help Imagine deploy efficient, flexible and value-add solutions that enable our mutual customers to respond quickly to the demands of a dynamic market place.”
About Imagine Software
For 20 years Imagine Software has been a leading provider of real-time investment management solutions to the global financial community. Since launching the first cloud-based integrated portfolio and risk management offering—the Imagine Trading System—in 2000, the company has continued to guide the industry as an innovator. The company's robust suite of products also includes the Imagine Financial Platform, an environment that extends Imagine's capabilities through Imagine Apps; the Imagine Marketplace, an online community for distributing and obtaining Imagine Apps; and the Imagine Risk Aggregator, a web portal providing greater transparency into investments.
Headquartered in New York City with additional offices in Cleveland, Hong Kong, London, and Sydney, Imagine Software is the trusted solution for thousands of users at the world's largest hedge funds, funds of funds, brokerage firms, and investment banks.
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength - delivering data, news and analytics through innovative technology, quickly and accurately - is at the core of the Bloomberg Professional service, which provides real time financial information to more than 319,000 subscribers globally.
For media enquiries, please contact:
(212) 279-3115 ext. 214
Bloomberg Corporate Communications