Overview

Bloomberg's AIM (formerly known as POMS) is an ASP-based order management system (OMS) used by over 500 investment management organisations worldwide.

Bloomberg has connected to SWIFT to provide post-trade messaging for trades executed on AIM, thereby providing full trade lifecycle support for these customers.
As an investment manager, you gain standardised access to all SWIFT-enabled brokers and custodians, and can carry out full trade lifecycle management from the OMS, without having to install any SWIFT infrastructure or have any SWIFT expertise. Bloomberg sends and receives the SWIFT messages for post-trade processing on your behalf.

SWIFT Over Bloomberg provides seamless SWIFT connectivity for customers of Bloomberg's AIM (POMS) order management system.

Easy and standardised access to SWIFT messaging

Each investment manager taking advantage of the SWIFT over Bloomberg solution joins SWIFT with its own BIC that is dedicated to the Bloomberg service. The BIC is added to Bloomberg's SWIFT Alliance infrastructure and all technical aspects, such as licensing, configuration and generation of FIN messages are undertaken by Bloomberg. The investment manager benefits from standardised connectivity to brokers, custodians and other parties. As all technical implementation is undertaken by Bloomberg and SWIFT, the solution imposes no technical change on the customer.

Reduced operational cost and risk

Bloomberg's investment manager customers can gain streamlined access to the SWIFT community via their centrally hosted order management system, thereby following the industry best-practices for post-trade processing and reducing operational costs and risk.

Simplified joining process

Customers can join SWIFT and subscribe to SWIFT over Bloomberg solution in three easy steps.