Bloomberg’s Aim-Port integration highlights broader industry interop push

The data giant is creating tighter back-end interoperability between its buy-side platforms and using APIs to connect with other third-party providers.

While interoperability has become the North Star for many tech projects across the capital markets, it’s often easier said than done, especially when it comes to legacy systems.

Bloomberg’s Asset and Investment Manager (Aim) buy-side order management system (OMS) was officially launched in 2008, but its roots can be traced back to the early 1990s with the Platform Trading System. Bloomberg’s Portfolio & Risk Analytics (Port) offering—its portfolio management system (PMS)—is more than a decade

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DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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