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LOM gets POMS

Investors will be able to get a better service thanks to an upgrade to Lines Overseas Management Ltd.'s portfolio management system.

The company, which is a subsidiary of LOM (Holdings) Ltd., has selected the Bloomberg Portfolio Order Management System (POMS) to automate and streamline its front office investment practices across the firm's 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) Ltd. president, Scott Lines. "After analysing a number of front end solutions, we chose Bloomberg POMS because of its robust security database, compliance capabilities and direct order entry system."