Analysis: From hours to just minutes
First Avenue Investment Counsel
First Avenue Investment Counsel is a leading investment management firm and family office, helping to grow the wealth of their clients.
“
Using the natural language processing capability that the Bloomberg team developed holds great promise and should help us a great deal.”
Brian Madden, Chief Investment Officer,
First Avenue Investment Counsel
Situation
The firm needs access to quality data for its investment strategies. Previously, the team invested in multiple platforms and faced a laborious task of extracting the relevant information from the various data.
Lacking a robust analysis of company financials
Needed to gather and analyze a torrent of data efficiently – both structured and unstructured
Problem
First Investment Avenue Counsel’s small research team invested a lot of time sifting through press releases, quarterly reports and transcripts from various sources when developing post-quarter wrap-ups.
It was imperative to find solution where critical data can be accessed in one single place to free up staff from administrative tasks.
A small team which needed a scalable process
Too much time was wasted analyzing competitors
Solution
Using Bloomberg’s, AI-powered Research and Analytics Platform and company financials functions, First Avenue Investment Counsel can analyze company data, scrutinize KPIs, and gather relevant news and analysis to develop critical investment insights, streamlining their processes and freeing up time for the research team.
Document Search allows analysts to gain unprecedented access to a company’s financial performance
DS <GO> allows analysts to quickly search and understand risk parameters
The investment team can monitor supply chain risks for their current holdings and uncover new opportunities
“
Document Search puts all of that information in one place. It saves you from jumping around all over the place.”
Brian Madden, Chief Investment Officer, First Avenue Investment Counsel
Benefits
MODL <GO> provides detailed financial profiles for over 4,000 securities
Critical data delivered in a single solution
DS <GO> saves the team untold hours of research time, which they can then allocate to higher-value tasks
Helps the investment team monitor risks for their holdings and uncover new investment opportunities