News
Bloomberg Shares Data With Third Parties Through New Program
Bloomberg’s Enterprise Solutions has launched a partner program, connecting its applications to over 125 financial software providers.
Bloomberg’s Enterprise Solutions has launched a partner program, connecting its applications to over 125 financial software providers.
Mutual clients of Bloomberg and the third-party vendors can now access Bloomberg’s data, such as reference data and pricing information, through the third party.
“Our clients generally come to us with one overarching challenge—that is, how to acquire, organize, distribute and use data across their organization. In many cases, they want to use Bloomberg’s financial information in multiple applications that support trading, reporting, compliance or risk management. Sometimes clients use Bloomberg applications for these functions, but sometimes they use third-party software. That’s when we begin a step-by-step registration process with software providers so we can enable them to access and use Bloomberg’s financial information,” says Gerard Francis, global head of Bloomberg’s Enterprise Solutions group.
Partners run the gamut from order management systems to risk platforms. For example, one partner, TS Imagine, chose to integrate Bloomberg’s live pricing data due in large part to client demand, because many clients are used to and comfortable with Bloomberg symbology, says Lance Smith, CEO of TS Imagine. And incorporating Bloomberg’s data into TS Imagine’s software adds value, he says, as clients have a broader choice in the data they use.
Francis adds: “Enabling third-party applications to use Bloomberg’s data and integrate with our desktop and enterprise applications helps Bloomberg deliver consistent service, quality data and, ultimately, more value to our client. In addition, as a result of working with Bloomberg and registered partners, clients can synchronize workflow across their organization and enhance the user experience without adding unnecessary programming complexity.”
Related News
Data Literacy: The Essential Skill for the 21st Century Workplace
With data becoming increasingly complex and essential to business success, companies must invest in training and upskilling their employees to ensure they can keep pace with change and derive maximum value from their data.
TS Imagine introduces RiskSmart X, a cross-asset class real-time risk platform for prime brokers
TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for sophisticated investors and their teams, today announced the broad availability of its newest cross-asset class, real-time risk platform: RiskSmart X.
Insights from Interns
Our most recent interns, Nicholas and Timur, both joined us from Imperial College London where they are going into the third year of their Mechanical and Aerospace Engineering degrees, respectively. They spent 11 weeks working with TS Imagine’s Professional Services team in London this summer under the supervision of myself and Simarjit Johal (Regional Team Lead).
