Originally published as an exclusive on The Desk.
By Dan Barnes, The Desk.
IMTC, the provider of fixed income investment management technology, has announced three firms – BLB&B Advisors, LMCG Investments, and Reynders McVeigh Capital Management – are adopting the IMTC investment management system. IMTC’s Optimizer is used to make decisions faster than they could previously.
All three firms sought to leverage technology in order to support growth without adding manual processes and increasing staff. Specifically, the Optimizer’s powerful calculation engine, built-in compliance, and scenario modelling give each firm the ability to scale operations quickly while simultaneously providing more value to client portfolios. This combined with IMTC’s end-to-end investment management platform provides a comprehensive technology solution for managing fixed income accounts.
“We are accelerating our growth rapidly,” said Matt Guleserian, LMCG partner and head of fixed income. “We selected IMTC to help us leverage technology to support that growth. The solution allows us to work on and optimise hundreds of portfolios at one time in a clean, organised way, with the anticipation of eliminating 50% to 70% of our manual work.”
Eric Sample, vice president of fixed income at Reynders McVeigh adds, “As we scale, we’re excited to have an algorithmic solution that allows for compliance and allocating large blocks of fixed income at a much faster rate. We can be more nimble in the bond market without the bottlenecks of manual processes, which ultimately increases overall client satisfaction.”
The investment managers are reportedly aiming to support greater customisation for clients, replacing outdated systems and manual investment workflows. The ability to embed client preferences and restrictions, integrate into other platforms, and manage across accounts more effectively were key in the decisions to bring on IMTC.
According to Russell Feldman, CEO of IMTC, says, “IMTC continues to win over fixed income market participants through its cloud-based, tech-first solution. We couldn’t be happier to add these three great firms to our platform to ultimately help them identify and take swift action on the right opportunities at the right time.”
IMTC’s Optimizer, part suite of portfolio and order management tools on IMTC’s investment management system, supports identification of buys and sells across portfolios. It is designed to align with portfolio managers’ investment preferences with actionable outcomes. Codifying in investment strategies, client preferences, and compliance rules is intended to enable fixed income professionals to make faster and more accurate investment decisions for their clients.