{"id":32442,"date":"2023-07-27T02:48:08","date_gmt":"2023-07-27T06:48:08","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/nj-asset-management-adopts-bloomberg-solutions-for-enterprise-wide-digital-strategy\/"},"modified":"2024-04-12T15:54:30","modified_gmt":"2024-04-12T19:54:30","slug":"nj-asset-management-adopts-bloomberg-solutions-for-enterprise-wide-digital-strategy","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/nj-asset-management-adopts-bloomberg-solutions-for-enterprise-wide-digital-strategy\/","title":{"rendered":"NJ Asset Management Adopts Bloomberg Solutions for Enterprise-wide Digital Strategy"},"content":{"rendered":"<div class='bbg-row bbg-bg--white  bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-6a002c5ba3967'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-2'>\n\t\n<\/div>\n<div class='bbg-column bbg-column--width-8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Mumbai\/Surat &#8211; Bloomberg announced today that <a href=\"https:\/\/www.njmutualfund.com\/\">NJ Asset Management Pvt. Ltd<\/a>. (\u201cNJ Asset Management\u201d) one of India\u2019s newest asset management companies, has adopted Bloomberg AIM and Bloomberg Vault to help enable its enterprise-wide digital strategy across the entire investment workflow.<\/p>\n<p>NJ Asset Management will use Bloomberg AIM, a leading order and investment management solution, in connection with its portfolio analytics, order management and trading compliance activities.<\/p>\n<p>Bloomberg AIM addresses NJ Asset Management\u2019s specific needs for tools to support rule-based investment decision-making. AIM helps them to easily expand their investment strategy across multiple portfolios and utilize real-time data for timely rebalancing decisions.<\/p>\n<p>NJ Asset Management will also be using Bloomberg Vault to aggregate and capture different types of e-communications data for compliance monitoring and surveillance purposes as well as record retention.<\/p>\n<p>NJ Asset Management is a data-driven asset management company based in Surat (Gujarat, India) that follows a \u2018Rule-Based Investing\u2019 fund management style designed to reduce human bias. It is part of NJ Group, a diversified business group with primary interests in the financial services industry. In the financial services space, NJ Group runs businesses of financial products distribution, asset management, insurance broking, credit \/loans and offshore funds distribution.<\/p>\n<p>\u201cAs part of the technologically oriented NJ Group, it is only natural that we gravitate towards building a foundation based on industry best practices that harness the latest in investment technology,\u201d said Mr. Rajiv Shastri &#8211; Director &amp; CEO at NJ Asset Management. \u201cBloomberg AIM was a natural choice for an order management system for us. Used by many of the world\u2019s top investment managers, it has the ability to scale efficiently with our growth. Bloomberg\u2019s full range of buy-side technologies aligns well with our rule-based investment philosophy and we expect these to enable us to operate efficiently, diligently and transparently.\u201d<\/p>\n<p>Bloomberg Vault is an integrated compliance and surveillance solution designed to help global financial services firms meet their regulatory obligations and business standards. Vault enables firms to capture, control, archive, reconstruct, and analyze their e-communication, trade, and voice data across the entire trading life cycle.<\/p>\n<p>\u201cWe are pleased to partner with NJ Asset Management as it prepares to enter its next phase of growth. Asset managers need to navigate a fast-evolving market and regulatory environment, and adoption of Bloomberg\u2019s AIM and Vault solutions will help NJ Asset Management to optimize their operations and improve their efficiency, agility and compliance,\u201d said Rajiv Mirwani, Head of Enterprise Sales \u2013 South Asia, Bloomberg. \u201cWe are committed to helping our clients overcome new challenges with fresh data insights, cutting-edge portfolio management tools, and streamlined functionality to support operations \u2013 all on one efficient Bloomberg workflow.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong>About NJ Asset Management Pvt. Ltd: <\/strong><\/p>\n<p>NJ Asset Management follows a rule-based investment philosophy which offers a clearly differentiated approach that is inherently disciplined and robust. The company uses different types of data and market information to identify opportunities for investment using time-tested factors that drive portfolio performance, with minimum human intervention. The company uses in-house proprietary factor based models that drive asset allocation and security selection decisions. As of June 2023, the company manages an AuM of over Rs. 8,000 crores across its mutual fund schemes and portfolio management services.<\/p>\n<p>For more information visit <a href=\"https:\/\/www.njmutualfund.com\">www.njmutualfund.com<\/a><\/p>\n<p><strong>About Bloomberg<\/strong><\/p>\n<p>Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.<\/p>\n<p>For more information, visit <a href=\"https:\/\/www.bloomberg.com\/company\" data-destination=\"https:\/\/www.bloomberg.com\/company\">Bloomberg.com\/company<\/a> or <a href=\"https:\/\/www.bloomberg.com\/professional\/request-demo\/?utm_source=bbg-pr&amp;bbgsum=dg-ws-core-pr\" data-destination=\"https:\/\/www.bloomberg.com\/professional\/request-demo\/?utm_source=bbg-pr&amp;bbgsum=dg-ws-core-pr\">request a demo<\/a>.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-6a002c5ba5667'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<div class='interstitial' data-element='interstitial-component'>\n\t<div class='interstitial-blue_border_design interstitial-bg-white'>\n\t\t<div class='interstitial-blue_border_design__rest bbg-column--width-7'>\n\t\t\t<p class='interstitial-blue_border_design__the_title interstitial_title'>Make it happen here.<\/p>\n\t\t\t<p class='interstitial-blue_border_design__text interstitial_text'><\/p>\n\t\t<\/div>\n\t\t<a class='interstitial-blue_border_design__link interstitial__link bbg-column--width-3 bbg-button bbg-button--size-large' href='https:\/\/bloomberg.avature.net\/en_US\/careers\/SearchJobs?utm_medium=mktg_site&utm_content=company_interstitial&utm_source=website' target='_blank' rel='noopener noreferrer' data-element='interstitial' data-description='' data-label='SEARCH NOW' data-element-position='[@data-element-position]'>SEARCH NOW<\/a>\n\t<\/div>\n<\/div>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-row--margin-top-none' data-anchor='row-6a002c5ba6b4c'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-2'>\n\t\n<\/div>\n<div class='bbg-column bbg-column--width-8'>\n\t<figure class=\"image-figure\" data-animation=\"\">\n    <img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2022\/02\/NY_Dept_group_1.jpg\" class=\"attachment-full size-full image-figure__image image-figure__image--primary\" alt=\"\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2022\/02\/NY_Dept_group_1.jpg 1000w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2022\/02\/NY_Dept_group_1.jpg 300w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2022\/02\/NY_Dept_group_1.jpg 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2022\/02\/NY_Dept_group_1.jpg 253w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\n    <figcaption class='image-figure__caption'>Caption<\/figcaption>\n<\/figure>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-6a002c5bab905'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-2'>\n\t\n<\/div>\n<div class='bbg-column bbg-column--width-8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Leverage agile frameworks to provide a robust synopsis for high level overviews. Iterative approaches to corporate strategy foster collaborative thinking to further the overall value proposition. Organically grow the holistic world view of disruptive innovation via workplace diversity and empowerment.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"Mumbai\/Surat &#8211; Bloomberg announced today that NJ Asset Management Pvt. Ltd. (\u201cNJ Asset Management\u201d) one of India\u2019s newest asset management companies, has adopted Bloomberg AIM and Bloomberg Vault to help enable its enterprise-wide digital strategy across the entire investment workflow. NJ Asset Management will use Bloomberg AIM, a leading order and investment management solution, in [...]","protected":false},"featured_media":0,"template":"","format":"standard","categories":[86,17],"press_tag":[110,79],"class_list":["post-32442","press","type-press","status-publish","format-standard","hentry","category-bloomberg-professional-services","category-press-announcement","press_tag-bloomberg-professional-service","press_tag-press-announcements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NJ Asset Management Adopts Bloomberg Solutions for Enterprise-wide Digital Strategy | Press | Bloomberg LP<\/title>\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\/nj-asset-management-adopts-bloomberg-solutions-for-enterprise-wide-digital-strategy\/\" 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