Bloomberg and Elwood Technologies has announced a strategic integration enabling investments from clients using Elwood’s market-leading cryptocurrency trading platform to flow directly into Bloomberg AIM, a buy-side order management system (OMS).
Elwood's crypto native solution, with purpose-built infrastructure, delivering deep liquidity and extensive market data, is the gateway for institutional access to digital assets. The integration combines Elwood’s institutional cryptocurrency trading capabilities with Bloomberg’s data, analytics, and workflow tools, enabling the financial institutions and investment managers on the AIM platform to capture and manage their crypto investments alongside the rest of their portfolio for a unified investment process.
Elwood will adopt the Financial Instrument Global Identifier (FIGI) for crypto assets as the common identifier for the integration.
The integration is expected to be completed and available for mutual clients of Elwood and Bloomberg AIM in Q2 2022.
Bloomberg’s Buy-Side solutions deliver front-to-back technology for the investment lifecycle, from decision support and order management, to portfolio management and post-trade services, for some of the largest asset managers, asset owners, and hedge funds.
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