FIRST BANK UK ADOPTS BLOOMBERG TOMS FOR FIXED-INCOME WORKFLOW

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The FirstBank (UK) Ltd. today announced that it has integrated Bloomberg’s Trade Order Management System (TOMS) into its workflow.

This will enable the subsidiary of Nigeria’s premier bank to access a comprehensive suite of data and analytics, communications,as well as order and execution management solutions, enabling it to streamline its fixed income bonds business

The CEO-designate at FirstBank UK, Olukorede Adenowo affirmed: ‘By integrating with our existing systems, Bloomberg TOMS provides FirstBank UK with a complete end-to-end trading workflow covering African bonds in most of our home markets. The solution enables us to focus on expanding our footprint in the African Fixed Income landscape and deliver a first-in-kind service.’

On her part, Global Head of Sell-Side OMS at Bloomberg, Lisa Bravo said: ‘We are pleased to help FirstBank UK enhance operational efficiency across its enterprise with our award-winning sell-side order management solution TOMS. TOMS empowers firms to create a seamless workflow.

The parent organization, First Bank Nigeria has global presence with subsidiaries like FirstBank (UK) Ltd in London and Paris; FirstBank in The Gambia, FirstBank in Sierra-Leone, FirstBank in Republic of Congo and Guinea, FBNBank in Ghana, FBN Bank in Senegal and a Representative Office in Beijing, China.

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