Bloomberg supports Kimera Limited in ambitious growth strategy

Kimera Limited selects Bloomberg solutions to achieve efficiency and optimization in investment management.

Dubai, December 17, 2018 — Bloomberg announced today that Kimera Limited (“Kimera”) has selected Bloomberg’s Asset and Investment Manager (AIM) solution as its preferred order and execution management system (OEMS). Kimera is a family office based in Dubai, and is pursuing an ambitious growth strategy using Bloomberg as its primary system.

“As a relatively new player to the market, Bloomberg provided all required technology to support our establishment, from market analytics, position and risk management, to trade execution, settlements and reconciliation tools in a short period of time,” said Zaid Al-Qaimi, Chief Investment Officer at Kimera. “With Bloomberg’s AIM solution, we are not only able to measure portfolio performance, but lower costs and enhance operational efficiency and workflow, allowing us to focus our efforts and resources on what really matters. All of this puts us in a very strong position for growth.”

“We are delighted to be Kimera’s chosen technology partner; our buyside solutions provide comprehensive technology for family offices to help them meet their investment objectives and enhance the overall portfolio management experience,“ said David Strevens, Regional Manager, Financial Product Sales – Middle East & Africa, Bloomberg L.P. ‟The same trends that are driving traditional investment managers to adopt robust front office solutions are influencing family offices. Managers of all shapes and sizes are adopting fully integrated systems to navigate increasingly complex markets in an effort to manage risk and drive efficiency, and we have been seeing increased interest for our solutions in the Middle East.”

For buyside firms, Bloomberg AIM delivers global, multi-asset solutions for portfolio management, trading, compliance and operations. AIM is designed to offer the most scalable asset management technology in the market — one that allows AIM clients to grow assets on existing investments and to quickly expand into new asset classes, markets or investment styles without disruption. Bloomberg delivers AIM on a hosted platform, thus eliminating the need to have dedicated workstations or servers on a company’s premises and lowering costs. It is pre-integrated with the Terminal and allows clients to use news, pricing and analytics, electronic trading and settlement uniquely combined with position management capabilities. This seamless operational infrastructure provides a complete ‘turn-key’ solution.

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