Bloomberg Wins Fourth Award in 2024 for its Evaluated Pricing Service, BVAL

Bloomberg’s evaluated pricing service, BVAL, has clinched its fourth award for the year earning Best Pricing & Valuations Data Provider in A-Team’s Data Management Insight Europe awards for the third year in a row.

2024 marks another successful year for BVAL, which prices approximately 3 million securities across the liquidity spectrum, including thinly-traded and hard-to-price fixed income securities. In today’s complex and volatile financial markets, high-quality and independent pricing is essential and BVAL provides more data, more often, with more transparency than other pricing providers. In recognition of BVAL’s quality, service, and transparency, the evaluated pricing service has secured the following award wins this year:

• Chartis RiskTech100 for Evaluated Pricing and Data – Fixed Income (6th year in a row)
• A-Team Data Management Insight USA for Best Pricing & Valuations Data Provider
• Chartis STORM QuantTech 50 for Evaluated Pricing and Data – Fixed Income

Bloomberg’s pricing business achieved significant milestones this year. In April, Bloomberg announced that the first electronic list trade in European Government Bonds was executed on Bloomberg’s Multilateral Trading Facility referencing BVAL as the closing price. Also this year, Bloomberg announced the expansion of IBVAL Front Office pricing to Europe, with coverage of EUR and GBP investment grade and high yield corporate bonds. IBVAL Front Office is distinct, but complementary to BVAL and uses the latest approaches in machine learning to consume billions of ticks of market data for real-time trading decisions. With pricing as fast as every 15 seconds on a growing universe of approximately 45,000 for the USD, GBP, and EUR credit markets, IBVAL Front Office helps firms make more informed decisions in increasingly automated fixed income markets.

BVAL uses several billion pieces of data every day to supply evaluated pricing with unmatched transparency and a sophisticated methodology. Combining the best of human markets experience with rigorous computational approaches, BVAL provides transparency into how each price valuation is produced, detailing and explaining the process with insight into the data inputs and methodologies used so clients can understand how pricing valuations are derived.

To facilitate a seamless workflow for clients, BVAL is fully integrated with many of Bloomberg’s buy side platforms including AIM (Asset & Investment Manager) and PORT (Portfolio Management System). BVAL pricing and pricing models are readily accessible and available on the Bloomberg Terminal or for enterprise use via Bloomberg Data License.

To learn more about Bloomberg’s pricing solutions, visit our website here.