Bloomberg Named Data Provider of the Year at the WatersTechnology Inside Market Data & Inside Reference Data Awards Alongside Three Category Awards

Bloomberg is pleased to announce it has been selected as the Data Provider of the Year at the WatersTechnology Inside Market Data & Inside Reference Data Awards 2022. Additionally, Bloomberg won three category awards for Best Market Data Provider (Vendor), Best Evaluated Pricing Service Provider, and Best Data Analytics Provider.

“Winning Data Provider of the Year 2022 is a testament to Bloomberg’s continuous investment in providing the highest quality data, services, and customer service,” said Brad Foster, Global Head of Enterprise Content at Bloomberg. “We are honored to be recognized in multiple award categories and will continue to transform and simplify how our customers consume data by offering a comprehensive and consistent offering across all of our datasets and solutions.”

This marks the third Market Data award Bloomberg has won in 2022 for its real-time market data feed, B-PIPE, which delivers consolidated and normalized real-time steaming prices.

“Bloomberg continues to be an industry leader in Real-Time content, technology, and service delivery,” said Cory Albert, Global Head of Cloud Strategy, Enterprise Data at Bloomberg. “Our Real-Time Platform enables customers to automate more of their workflows with the highest quality data while benefiting from our flexible and scalable delivery options whether that’s deployed or in the cloud.”

For the second year in a row, Bloomberg’s evaluated pricing service, BVAL, which utilizes over 100 million pieces of data every day to supply evaluated pricing for over 2.7 million securities, has taken home the win for Best Evaluated Pricing Service Provider.

“Risk management and decision making under uncertainty will continue to drive our clients’ success,” said Stephanie Sparvero, Global Head of Bloomberg’s Evaluated Pricing Service, BVAL. “As a pricing provider our focus is on supporting clients with superior data quality, transparent models, human expertise, and excellent customer support so they can navigate market turbulence, new regulations, and evolving business needs with reliable pricing information. Our clients can rely on us for stability through a changing environment, but also for creatively delivering solutions, no matter what happens. BVAL is consistent and consistently evolving.”

This year, Bloomberg also prevailed in the category for Best Data Analytics Provider for its suite of derived risk analytics datasets, which include Liquidity Assessment (LQA), Market-Implied Probability of Default (MIPD), Default Risk (DRSK Data), and Fund ESG Analytics.

“Volatile market conditions, like we are experiencing in 2022, expose the limitations of traditional risk metrics, which identify issues after-the-fact or are too rigid to adjust to unexpected events. While we cannot predict the future, our innovative risk analytics actively assess what is happening in the market and quantify that sentiment into actionable insights that enable our clients to be the first to know about emerging risks and opportunities,” said Zane Van Dusen, Head of Risk & Investment Analytics products at Bloomberg.

About Bloomberg

Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.

For more information, visit bloomberg.com/company or request a demo.