Pacer Advisors has adopted Bloomberg’s trading and execution management tools to automate exchange-traded fund (ETF) rebalancing processes.

Pacer Advisors has implemented Bloomberg’s order and execution management tools to automate and streamline its ETF rebalancing workflow. The system automates processes that were previously handled manually  Bloomberg said the implementation includes Bloomberg Asset and Investment Manager (AIM) and EMSX, its execution management system, to support position management, trade execution and compliance processes. The setup also includes Bloomberg’s Rule Builder Optimiser (RBLD),