Bloomberg wins Waters Technology 2021 Award for Best Sell-Side Market Risk Product

We’re proud to share that Bloomberg has won the Waters Technology award for Best Sell-side Market Risk Product. This achievement reflects the recognition and continued support of our customers, and highlights the strength of our comprehensive market risk solution, which helps banks with both internal and regulatory risk management.

Bloomberg’s Multi-Asset Risk System (MARS) offers a complete market risk solution for both risk managers and traders, leveraging the depth of pricing analytics and the universe of market and reference data that Bloomberg provides. The automation and data integration provided by Bloomberg’s solutions help risk departments reduce their technology stack and operational burden, returning risk managers’ focus to where it belongs: analyzing risk in portfolios and markets, and serving clients.

Bloomberg also helps banks calculate and report regulatory capital. This includes current regulatory risk measures such as regular and Stressed Value-at-Risk (VaR), and new regulatory measures such as FRTB capital. For FRTB, in addition to analytics (Greeks, Jump-to-Default, Expected Shortfall), Bloomberg also enables banks to feed their internal market risk, regulatory, and compliance processes from the same data source, providing a reliable frame of reference and helping banks attain best practices and meet the stringent data consistency requirements defined by regulations such as FRTB.

The full list of awards announced by Waters Technology today is available here.