Bloomberg Wins Best Sell-Side Front-Office Platform for Second Consecutive Year at Sell-Side Technology Awards

Bloomberg has achieved its second consecutive win for Best Sell-Side Front-Office Platform at this year’s WatersTechnology Sell-Side Technology Awards 2024. This is Bloomberg’s fifth win in this category in the last seven years and tenth across multiple categories, including wins for Best Sell-Side Analytics Product and Best Sell-Side Product, 2023. 

These awards recognize leading sell-side front-office products and services that enable firms to effectively manage complex operations and optimize key business workflows. This achievement highlights Bloomberg’s dedication to delivering comprehensive order, execution, and risk management systems functionality and its continuous efforts to remain at the forefront in sell-side technology and innovation.

Lisa Bravo, Global Head of Sell-Side OMS at Bloomberg said: “It is an honor to be recognized for our premier front-office solution for another year. Our sell-side offering is comprehensive, providing data and analytics, best in class pricing libraries, catering to the front office workflows, all with native integration to our Bloomberg execution venues. Our suite of functionality allows clients to consolidate trading and risk management activities into one place, simplifying workflow and reducing operational costs.”

With Bloomberg’s network and venue connectivity options, traders and sales professionals can access and tailor plug and play connections that inter-operate with other Bloomberg and client applications across the entire trading workflow. Traders can efficiently manage inventory, price securities and derivatives, and distribute quotes seamlessly across multiple venues. The solution features a fully customizable user interface optimized for both price taking and market making, supporting automated voice and electronic trading workflows, intraday risk, pre- and post-trade limit and compliance checks, real-time intraday P&L, P&L explain, and end-of-day close activities.

“Fully integrated with the Bloomberg Terminal’s network of data, analytics, and market insights, TOMS, MARS, and ETOMS provide unparalleled depth and breadth of functionality to our users,” Bravo adds. “Additionally, Bloomberg’s commitment to innovation ensures that its solutions remain at the forefront of technological advancements in the financial industry, continuously evolving to meet the changing needs of its clients.”

To see the full list of winners, click here.