{"id":13993,"date":"2021-09-15T02:54:36","date_gmt":"2021-09-15T06:54:36","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/"},"modified":"2021-09-15T02:59:06","modified_gmt":"2021-09-15T06:59:06","slug":"bloomberg-sico-aim","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/","title":{"rendered":"Bloomberg supports SICO\u2019s digital transformation journey"},"content":{"rendered":"
\n \n\t\n\t\n\t
\n\t\t\n\t\t\t
\n\t
\n \n

SICO selects Bloomberg AIM to optimize investment management<\/em><\/p>\n

Manama, Bahrain, September 15, 2021 \u2014 Bloomberg announced today that SICO, a leading regional asset manager, broker, market maker, and investment bank, has adopted Bloomberg\u2019s Asset & Investment Manager (AIM) to increase efficiency and transparency across its order management workflow. Headquartered in the Kingdom of Bahrain, SICO is a leading regional player with more than $3.9 billion USD in Assets under Management (AUM).<\/p>\n

Bloomberg has helped SICO increase efficiencies and controls by minimizing operational complexity, implementing pre-trade compliance and integrating with back-office accounting to eliminate manual processes. By using Bloomberg, SICO was also able to adopt a solution to operate from anywhere, and seamlessly implement a work from home policy.<\/p>\n

\u201cWith Bloomberg\u2019s 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 more on our clients,\u201d said \u00a0Anantha Narayanan Chief Operating Officer, SICO. \u201cWe were also impressed by Bloomberg\u2019s ability to implement this remotely, within a short timeframe, despite the ongoing pandemic.\u201d<\/p>\n

Benjamin Grolimund, Regional Manager, Financial Products \u2013 Middle East & Africa, Bloomberg L.P., said: \u201cWe are delighted to support SICO on its journey to transform their technology. During this time, Bloomberg is committed to delivering high-quality implementation projects on time, while working remotely. Bloomberg Buy-Side Solutions continues focus on providing clients like SICO efficient and scalable solutions that reduce the need for on-going maintenance and establish transparency across all funds, in line with global best practices.\u201d<\/p>\n

Bloomberg\u2019s Buy-Side solutions, which include AIM and PORT Enterprise, are used by some of the largest asset managers, hedge funds, insurance companies, pension funds and government agencies. Bloomberg AIM is a leading order management system (OMS), used by nearly 15,000 professionals at over 900 client firms in over 90 countries to manage more than $17 trillion in assets, and PORT is a multi-asset portfolio and risk analytics solution that provides investors with the tools to implement optimal investment portfolio strategies. PORT Enterprise is a premier solution that also delivers enhanced reporting capabilities that are powered by advanced risk models. PORT and PORT Enterprise are used by 93 of the top 100 asset managers and has 47,000 active users globally.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n

\n \n\t\n\t\n\t
\n\t\t\n\t\t\t
\n\t
\n \n

About Bloomberg<\/strong><\/p>\n

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company\u2019s strength \u2013 delivering data, news and analytics through innovative technology, quickly and accurately \u2013 is at the core of the Bloomberg Terminal. Bloomberg\u2019s enterprise solutions build on the company\u2019s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit\u00a0Bloomberg.com\/company<\/a>\u00a0or\u00a0request a demo<\/a>.<\/p>\n

Bloomberg media contact<\/strong>
\nNoora Abul,\u00a0nabul@bloomberg.net<\/a><\/p>\n

SICO BSC (c)<\/strong><\/p>\n

SICO is a leading regional asset manager, broker, market maker and investment bank, with USD 3.9 bn in assets under management (AUM). Today SICO operates under a wholesale banking licence from the Central Bank of Bahrain and also oversees three wholly owned subsidiaries: an Abu Dhabi-based brokerage firm, SICO Financial Brokerage, a specialised regional custody house, SICO Fund Services Company (SFS), and a Saudi-based investment banking company, SICO Capital. Headquartered in the Kingdom of Bahrain with a growing regional and international presence, SICO has a well-established track record as a trusted regional bank offering a comprehensive suite of financial solutions, including asset management, brokerage, investment banking, and market making, backed by a robust and experienced research team that provides regional insight and analysis of more than 90 percent of the region\u2019s major equities. Since inception in 1995, SICO has consistently outperformed the market and developed a solid base of institutional clients. Going forward, the bank\u2019s continued growth will be guided by its commitments to strong corporate governance and developing trusting relationships with its clients. The bank will also continue to invest in its information technology capabilities and the human capital of its 100 exceptional employees.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

SICO selects Bloomberg AIM to optimize investment management.<\/p>\n","protected":false},"featured_media":0,"template":"","format":"standard","categories":[86],"press_tag":[79],"class_list":["post-13993","press","type-press","status-publish","format-standard","hentry","category-bloomberg-professional-services","press_tag-press-announcements"],"yoast_head":"\nBloomberg supports SICO\u2019s digital transformation journey | Press | Bloomberg LP<\/title>\n<meta name=\"description\" content=\"SICO selects Bloomberg AIM to optimize investment management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberg supports SICO\u2019s digital transformation journey | Press | Bloomberg LP\" \/>\n<meta property=\"og:description\" content=\"SICO selects Bloomberg AIM to optimize investment management.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/\" \/>\n<meta property=\"og:site_name\" content=\"Bloomberg L.P.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/bloomberglp\/\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-15T06:59:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/data.bloomberglp.com\/company\/sites\/51\/2019\/08\/og-image-generic-lp.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/data.bloomberglp.com\/company\/sites\/51\/2019\/08\/og-image-generic-lp.png\" \/>\n<meta name=\"twitter:site\" content=\"@bloomberg\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/\",\"url\":\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/\",\"name\":\"Bloomberg supports SICO\u2019s digital transformation journey | Press | Bloomberg LP\",\"isPartOf\":{\"@id\":\"https:\/\/www.bloomberg.com\/company\/#website\"},\"datePublished\":\"2021-09-15T06:54:36+00:00\",\"dateModified\":\"2021-09-15T06:59:06+00:00\",\"description\":\"SICO selects Bloomberg AIM to optimize investment management.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":\"1\",\"name\":\"Home\",\"item\":\"https:\/\/www.bloomberg.com\/company\/\"},{\"@type\":\"ListItem\",\"position\":\"2\",\"name\":\"Bloomberg supports SICO\u2019s digital transformation journey\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bloomberg.com\/company\/#website\",\"url\":\"https:\/\/www.bloomberg.com\/company\/\",\"name\":\"Bloomberg L.P.\",\"description\":\"Bloomberg L.P. is the leader in global business and financial information, enabling customers to make smarter, faster, more informed business decisions.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bloomberg.com\/company\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bloomberg supports SICO\u2019s digital transformation journey | Press | Bloomberg LP","description":"SICO selects Bloomberg AIM to optimize investment management.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/","og_locale":"en_US","og_type":"article","og_title":"Bloomberg supports SICO\u2019s digital transformation journey | Press | Bloomberg LP","og_description":"SICO selects Bloomberg AIM to optimize investment management.","og_url":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/","og_site_name":"Bloomberg L.P.","article_publisher":"https:\/\/www.facebook.com\/bloomberglp\/","article_modified_time":"2021-09-15T06:59:06+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/data.bloomberglp.com\/company\/sites\/51\/2019\/08\/og-image-generic-lp.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_image":"https:\/\/data.bloomberglp.com\/company\/sites\/51\/2019\/08\/og-image-generic-lp.png","twitter_site":"@bloomberg","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/","url":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/","name":"Bloomberg supports SICO\u2019s digital transformation journey | Press | Bloomberg LP","isPartOf":{"@id":"https:\/\/www.bloomberg.com\/company\/#website"},"datePublished":"2021-09-15T06:54:36+00:00","dateModified":"2021-09-15T06:59:06+00:00","description":"SICO selects Bloomberg AIM to optimize investment management.","breadcrumb":{"@id":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-sico-aim\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":"1","name":"Home","item":"https:\/\/www.bloomberg.com\/company\/"},{"@type":"ListItem","position":"2","name":"Bloomberg supports SICO\u2019s digital transformation journey"}]},{"@type":"WebSite","@id":"https:\/\/www.bloomberg.com\/company\/#website","url":"https:\/\/www.bloomberg.com\/company\/","name":"Bloomberg L.P.","description":"Bloomberg L.P. is the leader in global business and financial information, enabling customers to make smarter, faster, more informed business decisions.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bloomberg.com\/company\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"}]}},"featured_image_rendered":"","category_info":{"name":"Bloomberg Professional Services","blog_landing_name":"Press"},"_links":{"self":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/press\/13993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/press"}],"about":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/types\/press"}],"version-history":[{"count":3,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/press\/13993\/revisions"}],"predecessor-version":[{"id":13996,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/press\/13993\/revisions\/13996"}],"wp:attachment":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/media?parent=13993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/categories?post=13993"},{"taxonomy":"press_tag","embeddable":true,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/press_tag?post=13993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}