Data and Operations professionals are increasingly tasked with reducing operational risk while increasing efficiency. Yet officers and managers are asked to do more with less — such as pursuing new operating and data governance strategies even as resources for traditional cost centers are pared down and regulatory scrutiny is ramped up.
Clean, consistent machine-readable data is imperative for CDOs responsible for stewardship of data across their enterprise. You need to drive value by creating revenue-generating opportunities — and determining how data has been derived gives you transparency on the soundness of your strategies. Bloomberg supports the open-data space, firmly believing in the value of allowing clients to access data in the form they require and understand its composition. Consistent data improves efficiency and open data facilitates that consistency.
Seamless performance is always expected — but never easy with the rapid growth in sources and volumes of data. The quality of metadata varies enormously, yet the desire for fast, accurate, and flawless performance remains constant. Bloomberg delivers access to clean, verified and accurate machine-readable data for hundreds of use cases. Eliminate the data inconsistencies that arise from working with multiple vendors, streamline your workflows and rely on a steady stream of the highest-quality data while lowering your total cost of ownership. Bloomberg works with you to turn data acquisition, distribution, governance and lineage from time-consuming and error-inducing headaches into an effective and efficient operating strategy that can improve your workflow dramatically. The speed and quality of Bloomberg data are unparalleled.
Trade execution mistakes are costly. The processes of trade matching, allocation, clearing and settlement require a steady stream of clean, accurate data. Bloomberg conforms metadata to drive efficiencies through the entire life cycle of the trade and to make trade reconstruction easier. Our order management systems give your front and middle offices more efficient workflows and the tools they need to lower operational risk. Post-trade matching, settlement and reconciliation tools enable better performance, while data aggregation and reporting make performance measurement faster, easier and more accurate.
Regulatory requirements have expanded dramatically and are changing with greater frequency. Meanwhile, trade reconstruction and other actions to demonstrate compliance can prove expensive in time and resources. Speed the reporting and compliance processes and make regulatory audits run quickly and smoothly by ensuring your data is compliance-ready and you have the right operational processes in place. Respond to current and emerging regulatory demands with greater ease and efficiency. Identify instruments affected by Dodd-Frank, Basel, Solvency II, FATCA, MiFID II, and others by relying on regulation-ready data. Bloomberg helps you stay compliant by integrating compliance checks throughout the life-cycle of the trade. We give you the tools you need to approach regulatory constraints proactively.