Two years ago, when PolarLake was acquired by Bloomberg, we were sure the synergy of our technology and Bloomberg’s 30 years of experience would breed a successful partnership. Since 2012, we have been executing an ambitious development plan to enhance our infrastructure and expand our data operations to meet clients’ growing need for more effective, efficient data management services.
We have grown from a Dublin-based software provider with leading technology to a global EDM Managed Service provider with operations in Asia, North America and Europe. As a result, an increasingly diverse range of global financial firms now rely on our robust, customizable Managed Data Service to reduce costs, increase data quality and make their data management more efficient, effective and integrated. This managed service has grown to include many of the world’s leading data vendors.
Yesterday, we were named “Best EDM Systems Provider” by Waters Technology’s readers as part of the 2014 Waters Technology Rankings. Industry recognition is important to us. It shows we are achieving our goal of meeting the requirements of a next generation of EDM Managed Service users facing new and complex data challenges, including data governance and data quality reporting to meet compliance obligations mandated by regulators across the globe.
Financial institutions are increasingly looking for ways to deploy the optimal combination of people, process and technology to acquire, manage and distribute data while minimizing costs and meeting business needs and compliance obligations. Our approach offers the ability to execute both effective common data processing and client specific data rules while preserving our clients’ business DNA and intellectual property. Today’s recognition is an important affirmation that this unique approach is valued by our growing client base and industry peers alike.
John Randles, CEO, Bloomberg PolarLake