ING Investment Management has chosen Bloomberg's proprietary research management platform as the basis for a new network which will allow portfolio managers, and buy- and sell-side analysts to communicate and collaborate.

The new software allows fund managers to build a customised and private system through which they can share proprietary research and stock calls firm-wide. 

The new technology allows firms to track the performance of internal trading ideas and those between buy-side and sell-side firms. As part of the new project, ING Investment Management will monitor the performance of analysts' trading ideas in real-time via Bloomberg's Trade Idea; as a result it will be able to generate reports ranking analysts and research teams over specific time periods.

Among the software’s other features is the research platform’s ability to integrate with the analytical and desktop tools of the Bloomberg Professional service. As such, investment managers can be notified (through the Bloomberg message system) every time their analysts come up with, or tweaks, an investment idea.

The technology includes a new function that tracks the performance of trade ideas sent internally on trading desks and between buy-side and sell-side firms. ING IM will be able to monitor the performance of analysts' trade ideas in real-time via Bloomberg's Trade Idea system and be able to create on-demand reports ranking analysts and research teams over specific time periods.

"Money managers face a highly-competitive environment and must harness all of their firm's talents and tools to produce the best investment results for their clients," said Jean-Paul Zammitt, global head of product development for the Bloomberg Professional service.

"Now, ING Investment Management can share analyst ideas, evaluate performance and immediately identify whether trade ideas have been successful or not."