Traders Magazine | Q&A with Leila Sadiq: Enterprise Data Trends and Outlook

This article was originally published by Traders Magazine, view the full piece here.

Leila Sadiq, Global Head of Enterprise Data Content at Bloomberg

What were the key themes for your business in 2023?

2023 was both exciting and challenging for the industry, marked by leaps forward in technology and unprecedented uncertainty within the market and geopolitical space. Amidst those shifts, data strategy is, more than ever, an important part of C-suite conversations and factors heavily into a firm’s strategy to compete in a challenging market. Another trend we’re seeing is vendor consolidation by capital markets participants, as they look to simplify extremely complex data operations.

In 2023, as a business, we continued to expand our data product offering with interoperable solutions that help our customers solve complex issues and unlock more opportunities and insights.

Key highlights in 2023 include the launch of our Enterprise Funds Data solution and the expansion of our regulatory data products, which give customers unparalleled agility to respond to global sanctions, entities screening and FRTB data challenges. We also brought new cutting-edge solutions to the market, like Bloomberg’s Research data solutions for quantitative and quantamental analysis, and continued to invest in our award-winning Liquidity Assessment tool, LQA, one of the first in the industry to create trust with our clients for how it uses Machine Learning.

AI has been a leading topic this year, how has this impacted your business?

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