Lines Overseas Management Limited, a subsidiary of LOM (Holdings) Limited (www.lom.com), today announced that it has selected the Bloomberg Portfolio Order Management System ("POMS") to automate and streamline its front office investment practices across the firm's multiple business units, including its asset management and brokerage operations.
"This move reiterates our commitment to providing our portfolio managers, traders and advisors with state of the art tools for them to efficiently and effectively service the needs of our
diverse client base," said LOM (Holdings) Limited President, Scott Lines. "After analyzing a number of front end solutions, we chose Bloomberg POMS because of its robust security
database, compliance capabilities and direct order entry system."
Bloomberg POMS, available via the BLOOMBERG PROFESSIONAL service, is a complete frontend solution for institutional asset managers, traders and stock brokers. Bloomberg POMS offers
portfolio managers, traders and middle office professionals the modules they need to manage their business effectively, leveraging Bloomberg analytics, data and global network throughout
the workflow of the system.
About LOM:
The LOM Group is an offshore international financial services company, providing a complete range of investment services and products through its regulated subsidiaries in Bahamas,
Bermuda and Grand Cayman and a marketing office in London, England. In business for over 15 years, LOM today has over $1 billion in client assets under administration and provides
brokerage, asset management, and corporate finance services to its primarily high networth individual and institutional customers in over 75 countries around the world. The parent
company, LOM (Holdings) Limited, is publicly listed on the Bermuda Stock Exchange (symbol LOM BH). The consolidated group is debtfree and has a market capitalization of over $25 million.