Award

Bloomberg Wins Best Regulatory Data Solution at RegTech Insight Europe Awards 2023

May 22, 2023

Bloomberg has won Best Regulatory Solution at the A-Team RegTech Insight Europe Awards 2023, which received the most entries and votes than any prior year. These awards recognize RegTech solutions that successfully improved firms’ ability to effectively respond to evolving regulatory requirements across the global financial services industry. The winners were voted on by Bloomberg clients and RegTech Insight’s global audience.

Bloomberg’s comprehensive regulatory data solutions provide firms with the data sets they need to not only adhere to current regulations, but also to prepare for upcoming regulatory requirements. Supported by a team of subject matter experts, Bloomberg combines high-quality data, sophisticated analytics, ongoing enhancements, and best-in-class service to help clients streamline risk and compliance workflows and satisfy accounting, capital & liquidity, compliance, and tax regulation requirements.

Within two years, Bloomberg has nearly doubled its offering and today provides 60 regulatory products covering more than 90 regulations globally. In the last year alone, Bloomberg has successfully launched critically needed solutions and enhancements to help the market navigate complex new regulations such as IRS PTP, fund/index exposures to sanctions, FRTB, SEC Rule 2a-5, SEC Rule 15c2-11, and more.

Bloomberg provides a range of regulatory data solutions for the sell-side and buy-side, which directly feed into clients’ order management systems and risk positions. This integration helps to streamlines portfolio management and reduces front-office latency, as workflows can act in real-time and be more efficient while adhering to vital pre-trade regulatory compliance checks.

Angela Wilbraham, CEO at A-Team Group, and host of the RegTech Insight Awards Europe 2023, commented, “These awards celebrate both established solution providers and innovative newcomers of RegTech solutions, services, and consultancy to capital markets in Europe. Many congratulations to Bloomberg for winning Best Regulatory Data Solution in recognition of their contribution to the global financial services industry. They should be deservedly proud of their achievement in a closely fought and highly competitive contest.”

Bloomberg’s Regulatory Data Solutions are available to Enterprise Data clients via Data License and can be accessed through Bloomberg’s ready-to-use data website, data.Bloomberg.com. To learn more about Bloomberg’s full suite of regulatory data solutions, visit our website here.

About Bloomberg

Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.