Elwood Technologies Connects to Bloomberg AIM
Posted by Colin Lambert. Last updated: February 24, 2022
Elwood Technologies has integrated with Bloomberg’s order management system (OMS) AIM, enabling investments from clients using its cryptocurrency trading platform to flow directly into AIM. The integration is expected to be completed and available for mutual clients in Q2 2022.
The firms say the integration combines Elwood’s institutional cryptocurrency trading capabilities with Bloomberg’s data, analytics, and workflow tools, enabling the financial institutions and investment managers on the AIM platform to capture and manage their crypto investments alongside the rest of their portfolio for a unified investment process. Elwood will adopt the Financial Instrument Global Identifier (FIGI) for crypto assets as the common identifier for the integration.
“It has always been our goal to provide clients with the cutting-edge capabilities necessary to manage their entire investment portfolio in an integrated manner, and this increasingly includes alternative asset classes such as cryptocurrencies,” says Ian Peckett, global head of buy-side product at Bloomberg.
James Stickland, CEO of Elwood Technologies, adds, “This strategic partnership continues to deliver on our mission of providing access to digital asset markets in a way that institutions expect.”
