Bloomberg Wins Chartis RiskTech 100 Evaluated Pricing and Data – Fixed Income Category Award

Bloomberg is proud to announce that its evaluated pricing service, BVAL, has won the category award for Evaluated Pricing and Data – Fixed Income for the third consecutive year in the flagship report of Chartis Research. The Chartis RiskTech 100 ranking acknowledges the leading technology and professional services vendors for their risk, valuation, and compliance solutions.

“BVAL is thrilled to win this award, and even more to have won it for the third time,” said Stephanie Sparvero, Global Head of Bloomberg’s Evaluated Pricing Service – BVAL. “We are committed to bringing our clients market-leading quality, highly defensible methodology, seamless operational integration, and unrivaled customer service so they can make pricing decisions with confidence.”

BVAL stands out for its data, sophisticated methodology, and transparency of its valuation process and data inputs. BVAL utilizes over 100 million pieces of data every day to supply evaluated pricing for over 2.5 million securities across all asset classes, including thinly traded and hard-to-price fixed income securities. BVAL also delivers pricing for Bloomberg’s fixed income indices providing credible, defensible, and transparent valuations.

“With rates at narrow margins, evaluated pricing of fixed-income instruments across all classes is critical in preserving capital and looking to leverage yield,” said Jay Wolstenholme, Research Director at Chartis. “When either taking on a new position or rebalancing an existing one, quantitative pricing analysis needs to be foolproof, reliable, exact, and fast. In that context, BVAL’s award win in the Evaluated Pricing and Data – Fixed Income category in this year’s RiskTech100 reflects its robust data and methodology and transparent valuation process.”

View the following video to learn more about how BVAL has been developed to go beyond current client needs.

Bloomberg’s overall company ranking moved up to #12 in this year’s RiskTech 100. Bloomberg has steadily risen 37 places since it began participating in 2015, indicative of the firm’s continuous commitment to solving risk management challenges for clients. Award winners are selected based on their submissions to the Chartis RiskTech 100, a comprehensive analysis which aggregates information from in-depth vendor briefings and discussions with risk technology buyers and end users. The final determination then comes from the Research Directors and Lead Analysts at Chartis Research.