-

PIMCO Selects HUB for Real-Time Operations Platform

New platform is transforming data and investment operations technology

LONDON--(BUSINESS WIRE)--HUB today announces that Pacific Investment Management Company (PIMCO) is now live on the HUB platform.

HUB’s platform builds seamless connectivity between data and trading to optimise the investment industry’s operations technology, enabling AI and automation. HUB will continue to enhance the platform to ensure additional solutions are provided through its highly scalable and modular technology architecture.

PIMCO will initially use two key products:

  • HUB Trade which manages trades through the stages of their lifecycle and enables connectivity with any market participant
  • HUB Data, delivers a stream of governed investment data to support the scaling of PIMCO’s client reporting capabilities

Paul Taylor, CEO of HUB, said: “We are excited to have reached this significant milestone for HUB. HUB’s powerful platform is connecting PIMCO’s data across its post trade and client reporting functions, providing an efficient, data-driven operations infrastructure. This go live represents a fantastic opportunity for the investment management industry to begin the journey of reimagining its operating model.”

Dirk Manelski, CTO of PIMCO, said: “With the HUB partnership we are building our future middle and back-office systems on a common platform with common infrastructure, services and data models. We are also breaking down the arbitrary separation of front, middle and back-office systems and processes that has long created inefficiencies in financial markets.”

HUB’s products are delivered using a flexible, modular approach that lowers entry costs and enables the industry to quickly deliver innovative solutions.

##ENDS##

Notes to editors

About HUB

HUB, with backing from PIMCO, Man Group, S&P Global, Microsoft and State Street, is a leading fintech company specialising in providing innovative solutions for the investment management industry. With a cloud-native, streaming platform, HUB optimises trade life cycle management, Position management, enterprise data services, and operating models. HUB is dedicated to transforming the investment management industry.

For more information about HUB and our solutions, visit HUB.com and follow us on LinkedIn

Contacts

Press enquiries
Sylvia Kwok
v-sylvia.kwok@HUB.com

Industry:

HUB

Release Versions
English

Contacts

Press enquiries
Sylvia Kwok
v-sylvia.kwok@HUB.com

More News From HUB

Gresham House Ireland Selects HUB for Performance Reporting

LONDON--(BUSINESS WIRE)--HUB is pleased to announce that Gresham House Ireland has selected HUB Performance Reporting, a SaaS solution designed to automate and simplify performance reporting and factsheet production. HUB Performance Reporting - Maximize your performance reporting team's productivity and adapt to new reporting needs simply and easily. Gresham House Ireland, a leading specialist alternative asset manager, will use HUB to automate performance reporting, standardize factsheet gener...

Acer Tree Investment Management Selects HUB for NAV Oversight

LONDON--(BUSINESS WIRE)--HUB is pleased to announce that Acer Tree Investment Management LLP (Acer Tree) has selected HUB NAV Oversight, a SaaS solution designed to optimize and automate their NAV processes. HUB NAV Oversight - Manage your NAV oversight workflows, reduce manual processes and improve the accuracy of your NAV. Acer Tree, a mid-sized UK-based asset manager specializing in alternative investments, will leverage HUB NAV Oversight to streamline their NAV oversight process. By automat...

DigitalBridge Selects HUB for NAV Oversight

BOCA RATON, Fla.--(BUSINESS WIRE)--HUB is pleased to announce that DigitalBridge has selected HUB NAV Oversight, a SaaS solution designed to optimize and automate their NAV processes. HUB NAV Oversight - Manage your NAV oversight workflows, reduce manual processes and improve the accuracy of your NAV. DigitalBridge, a leading global alternative asset manager dedicated to investing in digital infrastructure, is utilizing HUB NAV Oversight to enhance and scale their NAV oversight process, ensurin...
Back to Newsroom