Meiji Yasuda Life Insurance Company Adopts Bloomberg’s Data Science Solutions

BQuant Enterprise to enable data-driven investment decisions and development of talent, while boosting sophistication of workflow with digital transformation

Bloomberg announced today that Meiji Yasuda Life Insurance Company (“Meiji Yasuda”) has adopted BQuant Enterprise, Bloomberg’s first data science solution which is designed specifically to empower financial market clients to incorporate quantitative approaches to all aspects of their investment processes.

Meiji Yasuda has previously adopted Bloomberg’s PORT Enterprise portfolio & risk analytics solution together with multiple other workflow solutions, including Bloomberg AIM, a leading order and investment management solution, Bloomberg Transaction Cost Analysis (BTCA), Multi-Asset Risk System (MARS), and Bloomberg’s Evaluated Pricing Service (BVAL).

The comprehensive implementation of BQuant Enterprise together with Bloomberg’s state-of-the-art risk management tools and highly efficient workflow solutions will enable Meiji Yasuda to enhance its operational processes in order to make fast, enterprise-level, data-driven investment decisions. The company will also use Bloomberg’s proprietary training programs to develop its talent by building their expertise in data science and machine learning.

Masao Aratani, Director, Deputy President, Representative Executive Officer, Investment Division, Meiji Yasuda Life Insurance Company, said, “BQuant Enterprise and the high-quality solutions provided by Bloomberg will enable us to make swift investment decisions in response to a rapidly changing financial environment, and we expect this to lead not only to investment alpha, but also to the creation of operational alpha, including the optimization of business processes and development of our employees with advanced analytical skills.”

Norman Tweeboom, Japan Regional Head at Bloomberg, said, “In an information-rich market, participants’ ability to make quick, data-driven investment decisions is indispensable to achieve success. By adopting BQuant Enterprise, Meiji Yasuda Life Insurance will be able to quickly incorporate value-added insights into its investment strategy. Together with leading global institutions, Bloomberg has long engaged in a variety of initiatives to nurture and build communities for data scientists. We firmly believe that Meiji Yasuda’s adoption of our data science solutions will help the Japanese insurance industry as a whole to further benefit from this discipline and cultivate highly-proficient talent in this field.”

BQuant Enterprise is a cloud-based analytics platform developed for quant analysts and data scientists. With BQuant Enterprise, financial services firms can incorporate a quantitative approach within all aspects of their investment processes, elevating their own ability to proactively achieve competitive advantages.

BQuant Enterprise is the first data science solution designed specifically for financial markets by Bloomberg, providing clients with immediate and operational access to its comprehensive range of high-quality, market-leading, multi-asset class financial data sets. For more information on Bloomberg’s BQuant Enterprise, click here.

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.

About Meiji Yasuda Life
Meiji Yasuda Life Insurance Company was established through a merger of Meiji Mutual Life Insurance and Yasuda Mutual Life Insurance in January 2004, forming one of Japan’s oldest life insurance companies with more than 140 years of history and tradition. In line with the “Meiji Yasuda Philosophy,” the company strives to provide “peace of mind, forever” by responding to and fulfilling the hopes of each individual customer, continuously supporting them throughout their lives to ensure their health and fostering trusting, long-term relationships.

As of March 31, 2023, the company’s assets were worth a total of approximately 44 trillion yen, with securities valued at more than 37 trillion yen. Meiji Yasuda aims to return its profits to customers and to local communities by continuing to realize stable earnings over the long-term, as well as stable management of the insurance premiums received from its customers, in order to provide them with reliable peace of mind.

Media Contacts
Yuri Imaizumi DeNicola
+81-30-4565-8900
yimaizumi4@bloomberg.net