Award of Integrated Investment Management Platform to Bloomberg Finance L.P. for LGPS Central
Awarded 31 May 2017
About
Wolverhampton City Council awarded a contract to Bloomberg Finance L.P.
for the provision of a global, multi-asset, integrated investment management platform incorporating risk management with portfolio management, trading, compliance and operations for LGPS Central, the £35 billion multi-asset investment pool created by eight Midlands-based local government pension funds.
The system delivers straight-through processing to enhance investment process efficiency and reduce reliance on manual reconciliation.
The contract value is £2,300,000.
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