Global asset manager Lord Abbett has appointed IMTC as portfolio and order management system provider.
IMTC will provide an end-to-end investment platform for the US$214 billion AUM firm’s fixed income operations, supporting the automation of post-trade processing and enhancing asset manager and plan sponsor communications.
The company aims to provide personalisation on the level of individual accounts, with Blake Lynch, head of sales at IMTC, telling The DESK that “in today’s market, there is a growing demand for delivering bespoke solutions to clients at scale. Through technology and optimisation tools, this is now attainable without the need for additional internal resources at investment managers, provided they select the right partner.”
“While numerous technologies exist within the investment management space, many were originally designed for equities and require significant modifications to function effectively in a fixed income workflow.” This leads to the overuse of Excel spreadsheets, a risk-heavy and inflexible practice.
CEO Russell Feldman added: “Many aim to expand their fixed income offerings by delivering highly bespoke outcomes for each of their clients. IMTC’s technology streamlines investment processes, enabling efficient delivery of fully customisable solutions at scale.”
“Portfolio managers should concentrate on generating alpha for their clients, rather than being burdened with monitoring individual compliance rules and ensuring adherence to specific strategies. Through the adaptation of the right technology, they can quickly implement ideas that seamlessly align with preferences and guidelines without manual checks,” Lynch commented.
IMTC’s platform gives users an overview of all accounts, enabling client portfolios to be built and rebalanced at scale without requiring internal builds.
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