Award

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

May 18, 2023

Category awards recognize Bloomberg’s leading ESG data, Risk & Investment Analytics Suite, and evaluated pricing service, BVAL

Bloomberg is proud to announce it has been named Data Provider of the Year for the second consecutive year at the WatersTechnology Inside Market Data & Inside Reference Data Awards 2023. Bloomberg was also selected as the winner for three category awards, including Best ESG Data Provider, Best Data Analytics Provider, and Best Evaluated Pricing Service Provider.

“Winning Data Provider of the Year for the second consecutive year demonstrates Bloomberg’s relentless commitment to partnering with our customers to solve their most pressing data challenges,” said Tony McManus, Global Head of Enterprise Data at Bloomberg. “These four award wins showcase our investment in giving our customers the simplified access to transparent, high-quality data, and advanced analytics they need to power their operations and make strategic decisions.”

This marks the second ESG Data Provider award Bloomberg has won in 2023 for its suite of robust ESG datasets, which capture financially material ESG data on 15,000+ companies, 474,000 active securities with over 5,100 unique data fields.

“Bloomberg’s ESG data, research, and analytics cut through the complexity to help clients mitigate risk, comply with regulatory requirements, and make innovative thematic investments,” said Patricia Torres, Global Head of Sustainable Finance Solutions at Bloomberg. “We continuously enhance our ESG offering by expanding our datasets and adding to the Bloomberg Terminal and the enterprise experience so clients have cutting edge tools and insights to inform their sustainable strategies.”

Bloomberg won Best Data Analytics Provider for the second year in a row, exemplifying the persistent quality of its Risk & Investment Analytics Suite. The suite is comprised of Liquidity Assessment (LQA) for liquidity risk, Market-Implied Probability of Default (MIPD) for credit risk, as well as Fund Risk Analytics and Fund ESG Analytics & Scores. Built on top of Bloomberg’s leading reference data, company data, and market data, Bloomberg produces innovative risk analytics that help clients proactively manage risk rather than simply reporting on it.

To round out this year’s wins, Bloomberg’s evaluated pricing service, BVAL, prevailed in the Best Evaluated Pricing Service Provider category for the third year in a row. BVAL utilizes over a billion pieces of data every day to supply evaluated pricing for over 2.7 million securities across all fixed income asset classes with unmatched transparency and sophisticated methodology. BVAL uses pricing data from the highest quality market contributors then filters, cleanses, and verifies this data further with seasoned capital markets experts monitoring the process. BVAL details every step in the valuation process and provides insight into the data inputs and algorithmic methodologies used so firms can justify all aspects of how pricing valuations are derived.

Bloomberg’s Enterprise Data business transforms the way customers extract value from data by providing high-quality pricing, reference and regulatory datasets, real-time market, event and news data, and risk analytics along with data management and distribution technologies. Enterprise Data clients can access Bloomberg’s data via Data License or discover data solutions through Bloomberg’s ready-to-use data website, data.Bloomberg.com.

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.