About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Bloomberg AIM Integrates with Elwood Technologies for Crypto Trading

Subscribe to our newsletter

Bloomberg has added access to Elwood Technologies’ cryptocurrency trading platform via its Bloomberg AIM order management system (OMS). Through the integration, Elwood’s institutional cryptocurrency trading capabilities will combine with Bloomberg’s data, analytics and workflow tools, enabling users on the AIM platform to capture and manage their crypto investments alongside their other assets.

Elwood will adopt the Financial Instrument Global Identifier (FIGI) for crypto assets as the common identifier for the integration.

“A number of our clients have started to express interest for cryptocurrencies and digital assets,” says Aryeh Hauptman, Buy-side Head of Decision Support Product at Bloomberg. “Across our client community, the goal is to manage cryptocurrency, digital and wider alternative assets with the same risk and operational oversight as their traditional assets, in a unified investment process.”

The integration is evidence of a growing level of interest from institutional asset managers in the crypto and digital asset space. Firms are now looking at how they can integrate digital assets with more traditional asset classes.

“Given client demand, our first integration phase is focused on Cryptocurrencies and associated derivatives,” says Hauptman. “With Elwood’s diverse coverage, our strategic integration provides natural scalability in supporting the growing frontier of digital assets.”

The integration with Elwood is representative of Bloomberg’s ‘Buy Side from Every Side’ philosophy, says Hauptman. “With the buy side’s constant evolution, our Bloomberg Buy-Side Solutions mentality is to continuously innovate and strengthen our capabilities on the basis of our scalable operating model. Our focus is on providing the buy side with leading investment technology solutions, so clients can focus on growing their competitive edge.”

The integration is under way and expected to be completed and available for mutual clients of Elwood and Bloomberg AIM in the second quarter of 2022.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: High-performance, real-time multi-stream data processing for trading analytics and risk management

Date: 7 December 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Financial analytics platforms in Hedge Funds are often segmented between real-time and back-office analytics systems fed by slower batch processes. To support winning analytics, hedge funds and other trading firms need to bring together real-time streams with historical analytic...

BLOG

BMLL Secures $26m Series B Investment to Fuel Further Growth

BMLL, the independent provider of harmonised, historical Level 3 data and analytics across global equity and futures markets, has secured a Series B investment of USD 26 million. The funding round was led by Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund, and supported by ACF Investors and other new and existing investors. BMLL provides...

EVENT

TradingTech Summit London

Now in its 12th year the TradingTech Summit London brings together the European trading technology capital markets industry, to explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...