Bloomberg Wins Market Liquidity Risk Product of the Year for Second Year Running

Bloomberg is pleased to announce that we have won the Risk.net Markets Technology Award for Market Liquidity Risk Product of the Year 2021. This is the second year Bloomberg’s liquidity assessment tool, LQA, has won this award.

Judges at Risk.net said, “Bloomberg has designed an elegant, effective data-driven framework that ensures liquidity metrics for cost, horizon and volume are consistent and comparable, and are then put into service.”

“Winning this award two years in a row is testament to Bloomberg’s continued investment and deep client engagement as it relates to risk data and more specifically around liquidity risk,” said Brad Foster, Head of Enterprise Content at Bloomberg.

Given the unprecedented market disruption caused by COVID-19, it has become increasingly important for the industry to shift focus to data-driven liquidity metrics that capture rapidly changing and evolving market conditions.

Throughout 2020 and the periods of extreme volatility brought about due to COVID-19, Bloomberg’s LQA consistently produced accurate results by applying cutting edge financial modelling techniques to Bloomberg’s vast amount of trade data. This combined with a fully customizable full trade lifecycle workflow make LQA a leader among liquidity solutions for everything from pre-trade analysis to regulatory reporting.

The annual Risk.net Markets Technology Awards focus on market risk, trading and investment risk technology. The awards are decided by a panel of judges selected by the editors of Risk.net, and includes technology users, analysts and members of the editorial team. Winners are selected based on a submission explaining how they meet the industry’s needs in the category, what differentiates them, and how their product/service has changed over the past 12 months.

To see the full list of winners, click here.