a day ago
Milford enhances research with Bloomberg RMS Enterprise adoption
Milford, the New Zealand-based specialist investment firm, has adopted Bloomberg's enterprise-level Research Management Solutions (RMS Enterprise) to improve research production and workflows.
The move expands Milford's utilisation of Bloomberg's suite of buy-side solutions, aimed at streamlining processes across the entire investment cycle. With RMS Enterprise in place, Milford intends to enhance automation in its research operations, facilitate efficient sharing of insights among teams, and simplify sustainable investment research efforts.
Through RMS Enterprise, Milford will combine market data with internal information across various asset classes, increasing transparency and efficiency within its investment process. The solution enables the research team to generate content using both structured and unstructured data, while also supporting research analytics and the deployment of scoring models.
Milford already utilises Bloomberg's PORT Enterprise for portfolio and risk analytics, which offers advanced risk and return attribution models. By integrating RMS Enterprise and PORT Enterprise, Milford can automate the creation of analyst model portfolios—improving oversight by analysts and enhancing the evaluation of research ideas.
Integrated workflows
The adoption of RMS Enterprise will benefit Milford's broader investment team by integrating with other Bloomberg Terminal workflows. Team members will be able to access and discover relevant research content more easily using Bloomberg's search and analytical tools.
RMS Enterprise also features a comprehensive administration suite that supports collaboration across the organisation and can be configured to integrate with proprietary in-house systems where required. "We are pleased to adopt Bloomberg's Research Management Solutions to enhance our research capabilities. The smooth and easy integration with both the Bloomberg Terminal and our existing technology solutions enables us to streamline our processes and efficiently share and manage research across teams."
Wayne Gentle, Chief Investment Officer and Executive Director at Milford, provided this comment regarding the adoption of Bloomberg's RMS Enterprise.
Vendor perspective "As the macro-economic environment remains unpredictable and drives further market volatility, today's leading buy-side firms rely on the efficient use of first-class research to generate alpha. We are delighted to provide Research Management Solutions to Milford to streamline and enhance their investment cycle and workflows so they can continue to deliver actionable insights to their end investors."
Ben Pool, Sales Manager for New Zealand and Australia at Bloomberg, outlined the value the firm sees in supplying research solutions to Milford under current economic conditions.
Research capabilities
Bloomberg's research offerings aim to transform investment research and analysis processes for clients by providing access to consistent, high-quality data and analytics, both from Bloomberg and other content partners. Its solutions can be implemented across individual desktops or enterprise-wide to help optimise research production and facilitate distribution of insights within organisations and to counterparties.
PORT Enterprise, Bloomberg's premium offering currently used by Milford, is employed by more than 750 clients. It provides sophisticated portfolio risk and return attribution capabilities, including enhanced customisation and batch reporting. Clients also have access to Bloomberg's Multi-Asset Class (MAC3) fundamental risk factor models, which feature advanced risk forecasting tools such as Tracking Error volatility, Value-at-Risk (VAR), and scenario analysis.
Both RMS Enterprise and PORT Enterprise are components of Bloomberg's integrated buy-side solutions, which are designed to offer technological support throughout the front-to-back investment lifecycle.
Milford manages over NZD $27 billion in funds across New Zealand and Australia and serves over 150,000 direct investors and financial advisers across the two countries. The company has historically emphasised active fund management, employee ownership, and investing alongside its clients.
