Bloomberg announced today that Erste Asset Management (Erste AM), an international asset management company with a strong presence in Central and Eastern Europe, has adopted Bloomberg’s portfolio and risk analytics solution, PORT Enterprise, to enhance efficiencies within its investment process.
In addition to improved attribution, risk, scenario and optimization analytics, Bloomberg assists the firm’s decision-making and helps streamline reporting capabilities thanks to the solution’s highly customizable reporting tools and dashboards. The adoption of PORT Enterprise marks an expansion of Bloomberg’s integrated solutions across the Erste AM tech stack, as the firm was already using the Bloomberg Terminal and Bloomberg Data License.
“For us at Erste Asset Management, Bloomberg was the natural go-to partner when it came to expanding our front office solutions ecosystem. Bloomberg was already one of our key cornerstone systems. It is a powerful, yet stable and efficient, widely accepted solution in the investment industry. Bloomberg’s bond expertise is exceptional. We are very thrilled to be able to access all the PORT functionality, smoothly integrated into Erste Asset Management’s ecosystem. This will deliver us the flexibility and efficiency to focus on managing our clients’ money and expand our services in the future,” stated Gerold Permoser, Chief Investment Officer of Erste Asset Management.
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“Bloomberg is dedicated to working with our clients to enhance user experience and solutions to unlock the best results for them. Our front-office offering stands at the heart of a robust enterprise solution, combining the value of the Terminal, Enterprise Data, Bloomberg Indices, and our end-to-end workflow solutions. Our comprehensive approach aims to ensure that clients like Erste AM not only thrive in today’s rapidly changing market environment but are also well-positioned for future growth and technological advancements,” Jose Ribas, Global Head of Buy-Side Solutions, Bloomberg.
PORT Enterprise is a premium offering with more than 750 clients that provides sophisticated portfolio risk and return attribution capabilities with enhanced customization and batch reporting for enterprise usage. Access to Bloomberg’s Multi-Asset Class (MAC3) fundamental risk factor models provides clients with the most advanced suite of risk forecasting, including Tracking Error volatility, VAR, and scenario analysis. PORT Enterprise is part of Bloomberg’s integrated buy-side solutions, which deliver front-to-back technology across the investment lifecycle. For more information, visit Bloomberg Buy-Side Solutions.
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