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Bloomberg Launches Point-in-Time Data Solution that Gives Quants a Competitive Edge

Retrieved on: 
Tuesday, April 9, 2024

NEW YORK, April 9, 2024 /PRNewswire/ -- Bloomberg today announced the launch of Company Financials, Estimates and Pricing Point-in-Time, a new offering that connects and integrates a broad, diverse range of datasets from multiple sources, provides historical point-in-time data and will enable linking traditional company data to more esoteric data like alternative data. The offering aims to reduce challenges associated with going to multiple data providers for the best research data and equipping investors with the data and insights they need to get a competitive edge.

Key Points: 
  • The offering aims to reduce challenges associated with going to multiple data providers for the best research data and equipping investors with the data and insights they need to get a competitive edge.
  • Managing the amount of data that is available today — and gleaning insights not already discovered by the market — has become a massive undertaking," said Tony McManus, Global Head of Enterprise Data at Bloomberg.
  • He added: "By pre-ingesting, mapping and linking many different data sources together, Bloomberg allows customers to significantly reduce the time needed to generate signals or insights.
  • "A critical component of Bloomberg's offering is its inclusion of true, historical point-in-time data, which is essential for accurate backtesting," said Angana Jacob, Head of Research Data, Enterprise Data.

KCP Credit Analysis Now Available on the Bloomberg Terminal

Retrieved on: 
Thursday, March 28, 2024

KBRA Credit Profile (KCP), an industry-leading monthly surveillance platform covering more than 1,300 commercial real estate (CRE) securitizations including collateralized loan obligations (CLOs), is pleased to announce that KCP’s proprietary, deal-level statistics are now available on the Bloomberg Terminal.

Key Points: 
  • KBRA Credit Profile (KCP), an industry-leading monthly surveillance platform covering more than 1,300 commercial real estate (CRE) securitizations including collateralized loan obligations (CLOs), is pleased to announce that KCP’s proprietary, deal-level statistics are now available on the Bloomberg Terminal.
  • In addition, mutual KCP and Bloomberg customers that are entitled by KBRA may access in-depth commentaries and scenarios, enhancing Bloomberg Terminal workflow solutions and providing commercial mortgage-backed securities (CMBS) investors with the latest analysis on CRE collateral.
  • The enhanced credit analysis on the Bloomberg Terminal builds on KCP's work with Bloomberg's premier evaluated pricing service, BVAL , which incorporates KCP information into its daily pricing snapshots to provide the highest quality pricing on difficult-to-price securities.
  • Kate Kennedy, Senior Managing Director at KRBA, said: “KBRA Analytics is thrilled to now offer its KCP product’s timely and best-in-class CRE analysis and research on the Bloomberg Terminal.

Bloomberg Introduces Government Climate Tilted Bond Indices

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 4, 2024 /PRNewswire/ -- Bloomberg today announced the launch of the Bloomberg Government Climate Tilted Bond Indices, a new benchmark family for government bond investors seeking exposure to the transition to a low-carbon economy. The indices provide investors with exposure to Bloomberg's flagship fixed income benchmarks with an enhanced focus on countries incorporating climate transition objectives. 

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- Bloomberg today announced the launch of the Bloomberg Government Climate Tilted Bond Indices , a new benchmark family for government bond investors seeking exposure to the transition to a low-carbon economy.
  • The indices adjust country weights in Bloomberg Treasury and Sovereign indices based on Bloomberg Government Climate Scores (GOVS), which assess a government's relative preparedness in the transition to a low-carbon world using transparent, data-driven indicators.
  • "The newly launched Bloomberg Government Climate Tilted Bond Indices are designed to consider not only a country's progress against its climate ambitions, but also forward-looking measures of outlook, including investment in renewable energy capacity," said Chris Hackel, Head of Sustainable Indices, Bloomberg Index Services Limited.
  • The Bloomberg Government Climate Tilted Bond Indices include the following 14 indices at launch:
    As with all Bloomberg Indices, the Government Climate Tilted Bond Indices are available for benchmarking, asset allocation and product creation purposes.

RepRisk ESG risk data now available to Bloomberg Data Management Services customers

Retrieved on: 
Tuesday, March 19, 2024

ZURICH, March 19, 2024 /PRNewswire/ -- Today, RepRisk, a data science company that provides transparency on ESG and business conduct risks, announced its data is available to mutual customers via Bloomberg's DL+ ESG Manager solution, which models, structures and links multi-vendor ESG data for seamless integration into customers' workflows.

Key Points: 
  • ESG Manager is part of Bloomberg's Data License Plus (DL+) solution suite, built to address client demand for a ready-to-use data management solution that links ESG data from Bloomberg and other vendors to Bloomberg's industry standard entity and instrument reference data.
  • "We are excited to provide Bloomberg DL+ clients with RepRisk's daily updated ESG risk data to promote business conduct due diligence and ESG risk management throughout their organizations.
  • By using RepRisk ESG data within DL+ ESG Manager, Bloomberg's and RepRisk's mutual clients experience confident decision-making with less complexity in accessing and distributing data."
  • "We're excited to expand the multi-vendor coverage of DL+ ESG Manager through the addition of RepRisk's ESG risk data, enabling customers to further enhance their holistic view of ESG data across their firm," said Don Huff, Global Head of Client Services and Operations at Bloomberg Data Management Services.

Bloomberg Indices Expands Global Equity Offering with New Fixed-Count Domestic Indices

Retrieved on: 
Monday, March 18, 2024

NEW YORK, March 18, 2024 /PRNewswire/ -- Bloomberg today announced an expansion to its Global Bloomberg Equity Indices Domestic Family with the launch of new fixed-count domestic indices with over 20 years of history.

Key Points: 
  • NEW YORK, March 18, 2024 /PRNewswire/ -- Bloomberg today announced an expansion to its Global Bloomberg Equity Indices Domestic Family with the launch of new fixed-count domestic indices with over 20 years of history.
  • These new fixed-count domestic indices complement Bloomberg's existing US Domestic Index Family and the Global non-fixed count Large, Mid, Small & Micro-cap equities offering.
  • Bloomberg Equity Indices are available in global, regional, country, and sector exposures, in various currencies and returns (price/total/net).
  • Bloomberg clients can access available indices on the Bloomberg Terminal and all research and methodology for the indices are available at Bloombergindices.com .

Bloomberg Study Finds Automated Equity Trading Results in Improved Performance

Retrieved on: 
Wednesday, March 13, 2024

NEW YORK, March 13, 2024 /PRNewswire/ -- Bloomberg today announced the results of a study that analyzed performance and execution costs from trades automated using Rule Builder (RBLD), Bloomberg's multi-asset automated trading solution.

Key Points: 
  • NEW YORK, March 13, 2024 /PRNewswire/ -- Bloomberg today announced the results of a study that analyzed performance and execution costs from trades automated using Rule Builder (RBLD), Bloomberg's multi-asset automated trading solution.
  • The use of RBLD also resulted in less performance variation, which provides traders with more consistent and predictable results.
  • "Automated trading is playing a vital role in augmenting the trading process, and these results make it clear clients are realizing a broader set of benefits beyond increasing their productivity, including improving execution performance," said Ravi Sawhney, Global Head of Trading Automation and Analytics at Bloomberg.
  • Bloomberg BTCA delivers robust transaction cost analysis, offering impactful trading insights into implicit trading costs that help clients define, monitor, and improve their best execution strategies.

Bloomberg Survey Reveals ESG Data Coverage and Management as Top Challenges for Firms in Europe

Retrieved on: 
Tuesday, March 5, 2024

LONDON, March 5, 2024 /PRNewswire/ -- As the volume of ESG data continues to rise, firms are grappling with the best way to manage this information, according to a new Bloomberg survey of approximately 200 financial market participants based in Europe. The survey, taken by respondents from London, Stockholm, Geneva, Amsterdam, Frankfurt, Paris, and Milan throughout 2023, posed questions about ESG data prioritization, challenges, and data management practices.

Key Points: 
  • The survey, taken by respondents from London, Stockholm, Geneva, Amsterdam, Frankfurt, Paris, and Milan throughout 2023, posed questions about ESG data prioritization, challenges, and data management practices.
  • According to the survey, the leading ESG data management challenge was handling constantly evolving and new data content (41%).
  • While ESG data coverage gaps are problematic, onboarding new ESG data can be a time and resource intensive process that firms may not have the bandwidth to do more than once or twice a year.
  • In the face of these challenges, firms are still deciding on how to best manage growing volumes of ESG data.

Bloomberg Launches First Fully Automated Basis Trade and Reporting Workflow

Retrieved on: 
Thursday, February 8, 2024

LONDON, Feb. 8, 2024 /PRNewswire/ -- Bloomberg today announced the launch of a fully automated electronic workflow for the trading and reporting of EUR Interest Rate Swap (IRS) v Bond Future contracts through Eurex.

Key Points: 
  • New workflow provides frictionless reporting of Future vs. Interest Rate Swap basis trade
    LONDON, Feb. 8, 2024 /PRNewswire/ -- Bloomberg today announced the launch of a fully automated electronic workflow for the trading and reporting of EUR Interest Rate Swap (IRS) v Bond Future contracts through Eurex.
  • This new end-to-end workflow allows sell-side participants acting as executing brokers to facilitate a trade using a single interface and benefit from full straight through processing (STP) using Bloomberg's technology.
  • "Increased electronification enables workflow optimization and benefits our clients across the buy and sell-side," said Derek Kleinbauer, Global Head of Fixed Income & Equity E-Trading at Bloomberg.
  • Bloomberg Electronic Trading Solutions (ETS) are used by leading financial institutions to trade efficiently in over 175 markets around the world.

Bloomberg Pro for Vision revolutionizes financial professionals' productivity with Apple Vision Pro

Retrieved on: 
Friday, February 2, 2024

NEW YORK, Feb. 2, 2024 /PRNewswire/ -- Bloomberg today announced the launch of the all-new Bloomberg Pro for Vision app, a reimagined Bloomberg Professional® app built for the era of spatial computing.

Key Points: 
  • NEW YORK, Feb. 2, 2024 /PRNewswire/ -- Bloomberg today announced the launch of the all-new Bloomberg Pro for Vision app, a reimagined Bloomberg Professional® app built for the era of spatial computing.
  • Bloomberg continually seeks new opportunities to help its customers improve their productivity, both on the desktop and on the go.
  • The new Bloomberg Pro for Vision app enables Bloomberg Anywhere subscribers to bridge the gap between the multiple monitors of their traditional desktops and the infinite canvas enabled by Apple Vision Pro.
  • Available today in the App Store on Apple Vision Pro, the Bloomberg Pro for Vision app is only accessible by Bloomberg Terminal® customers with a Bloomberg Anywhere subscription.

8400 Students Compete in Bloomberg Global Trading Challenge, Building Real-World Investing Skills

Retrieved on: 
Monday, January 29, 2024

NEW YORK, Jan. 29, 2024 /PRNewswire/ -- The Global Trading Challenge, Bloomberg's annual Terminal-based event for students, attracted over 8400 students across 38 countries to compete in the 2023 virtual investment competition. Student participants invested $1 million virtual US dollars, using the Bloomberg Terminal to define market assumptions, develop a return-generating strategy, and execute notional trades within a closed network, while receiving support from faculty advisors and training from Bloomberg employees.

Key Points: 
  • NEW YORK, Jan. 29, 2024 /PRNewswire/ -- The Global Trading Challenge, Bloomberg's annual Terminal-based event for students, attracted over 8400 students across 38 countries to compete in the 2023 virtual investment competition.
  • The challenge is designed to help students build marketable skills and the knowledge needed to compete for finance jobs.
  • "Students across the globe have a unique opportunity to engage in real-world, experiential learning through the Global Trading Challenge," said Emily Perrucci, Bloomberg Global Head of User Support.
  • The Bloomberg Lab at the University of Hong Kong is frequented by both researchers and students eager to gain real-world skills to become the next generation of financial professionals."