Bloomberg Wins Central Banking 2023 Financial Market Infrastructure Services Award

Bloomberg today announced it was named the winner of the Financial Market Infrastructure (FMI) Services award as part of the Central Banking 2023 Awards. The awards highlight outstanding performance and achievements of individuals and organizations across the central banking community.

The annual Central Banking Awards recognize a range of initiatives, including pioneering activities in the central banking community, best practices in policy, governance, economics digitalization, infrastructure and management, and innovation in the provision of operational, technological, financial and advisory services.

Bloomberg won the FMI services award as a result of the firm’s focus on working closely with clients to meet regional market needs. This included the National Bank of Georgia’s adoption of Bloomberg’s e-bond solution for repo instruments, which supports electronic trading for participants in the Georgia Repo markets and provides the national bank with necessary surveillance tools. The E-Bond technology solution is fully integrated with Bloomberg’s data, news, analytics and communications tools to provide local Georgian clients active in the Repo market with a single, comprehensive solution.

In addition, the Dutch State Treasury Agency (DSTA) adopted Bloomberg’s Auction system, which is part of Bloomberg’s enterprise solution for central banks and other governmental agencies. The solution is used to perform auction tenders electronically, and for market participants to track these auctions and enter bids. Bloomberg was able to provide the firm with a robust technical infrastructure that tailors to DSTA’s requirements and supports the full bond auction lifecycle.

“We are proud to have won Central Banking’s Financial Market Infrastructure Services award. It is an acknowledgement of Bloomberg’s commitment to working closely with clients in various markets to develop and deliver solutions that can meet their unique needs,” said Katharine Furber, Head of Emerging Markets Trading at Bloomberg. “Providing debt markets with robust technology and infrastructure solutions that are aimed at increasing their transparency, liquidity and trading efficiency remains a top priority for our team.”

Bloomberg provides central banks around the globe with integrated end-to-end workflow solutions, enabling them to act quickly and decisively to conduct open market operations, control risk, oversee markets and manage foreign reserves.

Bloomberg Electronic Trading Solutions (ETS) are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9000 client firms use Bloomberg ETS to access unmatched depth and breadth of liquidity across asset classes from over 700 dealers globally. Bloomberg ETS provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.