LiquidityBook launches LBX PMS 2.0 after acquiring Messer
With this rollout, LiquidityBook aims to meet the diverse requirements of its clientele, ranging from startup hedge funds and asset managers to broker-dealers and outsourced trading desks.
LiquidityBook, a frontrunner in cloud-native trading solutions for both buy-side and sell-side entities, today announced the launch of its enhanced Portfolio Management and Accounting System, LBX PMS 2.0.
The system now incorporates an array of sophisticated features, including comprehensive accounting and reconciliation workflows for both LBX Buy-Side and LBX Sell-Side products. Furthermore, it boasts full ABOR/IBOR, AUM, and shadow NAV capabilities.
LiquidityBook targeting hedge funds, asset managers, broker-dealers and outsourced trading desks
The enhancements arrive after the acquisition of Messer Financial Software, a boutique capital markets fintech known for its multi-asset financing automation and reconciliation capabilities. “This newly enhanced and expanded set of capabilities allows our clients to own their data at the source, running full shadow NAV, reconciliation and other processes that asset allocators expect of them,” said Jonathan Cross, General Manager, EMEA at LiquidityBook.
The development marks a significant milestone for LiquidityBook, which has been refining its LBX suite since its inception in 2005. The LBX suite serves as a comprehensive Portfolio, Order, and Execution Management System (POEMS) with an integrated FIX network. What sets it apart is its modular design, allowing clients to choose specific components that align with their unique operational needs.
Bryan Messer, Founder of Messer Financial Software, who is now the GM, APAC and Managing Director, Portfolio Management Solutions and Artificial Intelligence at LiquidityBook, highlighted the synergistic fit between the two companies. “Our functionality is essentially complementary, and with both companies following an API-first model, integration was straightforward,” he said.
Kevin Samuel, CEO of LiquidityBook, underscored the strategic importance of this development. “Our modular POEMS and FIX network architecture means our clients’ tech stacks can integrate various vendor and homegrown products, enabling differentiated, customized solutions and workflows,” he explained. “Bringing our firms together was the next logical step in this process.”
With this rollout, LiquidityBook aims to meet the diverse requirements of its clientele, ranging from startup hedge funds and asset managers to broker-dealers and outsourced trading desks. By doing so, it is positioning itself as a one-stop solution for all trading needs, backed by a cutting-edge, modular platform that can adapt to the evolving landscape of capital markets.