12-Month Update on Client Data Recommendations

September 2014

View the 12 month update on Bloomberg’s Client and Data policies and practices.

Bloomberg has now completed 73 of the 80 recommendations in last year’s reports from the law firm Hogan Lovells, the data security and regulatory compliance consulting firm Promontory Financial Group and Bloomberg Senior Independent Editor Clark Hoyt. All but one of the actions are expected to be complete by year end.

As can be seen from the report, we continue to evolve our approach to risk and data security, and look for ways to improve our own security. In addition, we continue to investigate issues brought to our attention and pro-actively work with our clients to resolve identified issues.

We have created a dedicated team to address client inquiries on risk and security issues going forward. They can be reached at crco@bloomberg.net.

Thank you as always for being a great partner to us.

Paul Wood
Chief Risk & Compliance Officer

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