LiquidityBook has officially announced the general availability of its newly enhanced Portfolio Management and Accounting System (PMS) known as LBX PMS 2.0. This release marks a milestone in the company's ongoing efforts to provide innovative solutions to its diverse client base.
Integration of Messer Financial Software's Capabilities
The latest version of LBX PMS introduces a range of in-demand functionalities. It includes robust accounting and reconciliation workflows integrated into both the LBX Buy-Side and LBX Sell-Side products.
Additionally, it features full Asset-Based Order and Execution Management, Assets Under Management tracking, and shadow Net Asset Value capabilities.
These enhancements elevate the LBX suite to become the definitive Portfolio, Order, and Execution Management System (POEMS) equipped with an embedded FIX network, all while maintaining LiquidityBook's trademark modularity. Importantly, clients retain the flexibility to utilize any or all components of the platform as per their specific needs.
LiquidityBook has a longstanding history of offering portfolio management functionality since its establishment in 2005. Over the years, the company has improved and expanded its offerings, driven both by internal product development and feedback from its valued clients.
Notable features such as real-time and historical Profit and Loss (P&L) tracking, compliance reporting, rebalancing workflows, multi-asset/multi-prime capabilities, and reconciliation tools have laid the foundation for LBX PMS 2.0.
The recent integration of capabilities from the acquisition of Messer Financial Software, Limited, a renowned capital markets fintech provider recognized for its multi-asset financing automation and reconciliation tools, has enriched the LBX PMS offering.
Seamless Integration with Complementary Functionality
The integration of Messer functionality has enabled LiquidityBook to offer industry-leading capabilities, including financing automation for various financial instruments, such as swaps and credit instruments (e.g., ABS, CDS, and loans). It additionally provides powerful reconciliation tools and dashboards catering to both buy- and sell-side clients.
Bryan Messer, the Founder of Messer Financial Software, who is now the General Manager of APAC and the Managing Director of Portfolio Management Solutions and Artificial Intelligence at LiquidityBook, expressed his excitement about the partnership and integration: "Our functionality is essentially complementary, and with both companies following an API-first model, integration was straightforward. We are excited to now be part of LiquidityBook and for the opportunities it offers our combined client base."
The launch of LBX PMS 2.0 reaffirms LiquidityBook's dedication to enhancing its offerings and providing comprehensive solutions to meet the needs of the financial industry.
Kevin Samuel, the CEO of LiquidityBook, highlighted the company's commitment to providing flexible solutions: "Our modular POEMS and FIX network architecture mean our clients' tech stacks can integrate various vendor and homegrown products, enabling differentiated, customized solutions and workflows. Bringing our firms together was the next logical step in this process."
