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Lombard Odier and Bloomberg: A Strategic Collaboration for Investment Risk Management

Lombard Odier, a prominent global asset manager, has recently announced an expansion of its partnership with Bloomberg to strengthen its investment risk management framework across its various business lines. Headquartered in Geneva, Lombard Odier manages assets worth CHF 349 billion, and this collaboration is set to enhance operational efficiency, transparency, and scalability within their Wealth Management, Private Banking, and Asset Management segments.

The Scope of the Collaboration

This initiative follows a successful integration of Bloomberg solutions within Lombard Odier's Asset Management division. The approach aims to create a unified investment risk management system that can be utilized across different sectors of the firm. The strategic alignment is part of Lombard Odier's broader objective to harmonize its investment risk framework across regional and asset class diversifications, utilizing consistent data and robust controls.

Alexandre Meyer, Managing Partner at Lombard Odier, emphasized the importance of this transformation, stating, "As we evolve our core business model, we are implementing Bloomberg’s developed investment risk management solutions in our Wealth Management and Private Banking activities, following successful application within Asset Management. This enables us to gradually standardize our investment risk management systems within the entire Lombard Odier Group. By relying on a consistent framework, we enhance risk oversight, improve efficiency, and establish a sustainable platform that supports all our investment activities."

Enhanced Efficiency and Decision Making

The comprehensive solutions provided through this collaboration allow Lombard Odier to support investment activities throughout their entire lifecycle with robust multi-asset capabilities. The flexible and scalable design significantly boosts efficiency by integrating research, portfolio construction, risk oversight, compliance, execution, and operations into a seamless workflow. With a consistent, high-quality data environment, the Group aims to make more precise and transparent decisions, generate deeper investment insights, and facilitate scalable workflows that can be deployed consistently throughout the organization.

Jose Ribas, Global Head of Buy-Side Solutions at Bloomberg, highlighted the significance of this partnership, stating, "We are proud to deepen our technological integration with Lombard Odier and support their group-wide risk transformation. By combining Bloomberg AIM, PORT Enterprise, MARS, and our Data Validation Service, we are providing global wealth and asset managers with a scalable, integrated risk solution that features true multi-asset coverage and a modern API-first architecture that enhances transparency and streamlines processes across business lines."

Bloomberg's Comprehensive Solutions

Bloomberg’s Buy-Side Solutions deliver multi-asset capabilities throughout the entire investment lifecycle. With a modular and flexible approach, these solutions offer functionalities for research management, order and execution management, portfolio and risk analysis, trade compliance, and operational support, all seamlessly integrated with the Bloomberg Terminal service. This guarantees the consistency and quality necessary for informed decision-making, well-founded investment analysis, and scalable workflows within organizations.

Background on Lombard Odier

Lombard Odier has a rich history, having operated for 230 years and successfully navigated over 40 financial crises. The firm is well-capitalized, boasting a CET1 ratio of 33% and a Fitch rating of AA-, the highest possible rating for a bank of its size. Its structure as an independent partnership allows it to remain client-focused while fostering innovation across the organization. Offering a full suite of discretionary and advisory portfolio management, wealth services, and custody, Lombard Odier is regarded as a leading investment house.

Rest assured, as this partnership progresses, clients can expect enhanced investment risk management practices, resulting in superior service and expertise from Lombard Odier. For more information, visit Lombard Odier's website.