Bloomberg Wins Best Evaluated Pricing Service at the WatersTechnology Buy-Side Technology Awards
November 07, 2022
BVAL, Bloomberg’s leading evaluated pricing service, earns fourth award win in 2022
BVAL has won Best Evaluated Pricing Service at the WatersTechnology’s Buy-Side Technology Awards, which recognize market-leading technologies used by buy-side firms to help them operate more efficiently, transparently and judiciously.
This marks BVAL’s fourth award in 2022 with earlier accolades including Chartis RiskTech 100 for Evaluated Pricing and Data – Fixed Income, WatersTechnology Inside Market Data & Inside Reference Data Awards for Best Evaluated Pricing Service Provider, and Chartis RiskTech Buyside 50 for Evaluated Pricing Data – Fixed Income.
“We’re honored to be recognized for this award and earlier wins throughout the year as testament to BVAL’s pricing quality, transparency and unparalleled customer support,” said Stephanie Sparvero, Global Head of BVAL, Bloomberg’s Evaluated Pricing Service. “It’s no secret that we are living in and dealing with challenging markets. Now, more than ever, we are focused on helping clients to cut through the complexity with reliable data to help teams make the best decisions whether that’s on a trading desk, a risk team, a valuation group, or anywhere in between.”
BVAL, utilizes over 100 million pieces of data every day to supply evaluated pricing for over 2.8 million securities for all fixed income asset classes across the liquidity spectrum, including thinly traded and hard-to-price instruments. Core to BVAL pricing is its unmatched transparency into how each price valuation is produced, detailing and explaining every step in the process with unsurpassed insight into the data inputs and methodologies used so clients can clearly understand how pricing valuations are derived.
To support buy-side workflows, BVAL is fully integrated with many of Bloomberg’s buy-side platforms including AIM (Asset & Investment Manager) and PORT (Portfolio Management System). This helps firms to execute on their relative value strategies by taking multiple snapshots throughout the day, identifying target securities and realizing the arbitrage between positions. BVAL continuously evolves to meet changing needs and today is used throughout organizations, from front office traders and investment professionals all the way to the solution’s origins in the back office and end-of-day valuations. BVAL pricing is available on the Bloomberg Terminal or as an enterprise data feed.
To learn more about BVAL, visit our website here.