Announcements

Bloomberg Wins Three Awards at the Sell-Side Technology Awards 2023

April 12, 2023

Bloomberg is delighted to announce that it has won three awards at this year’s WatersTechnology Sell-Side Technology Awards (SST). Bloomberg was declared the winner of the Best Sell-Side Analytics Product and Best Sell-Side Front-Office (FO) Platform categories, in addition to being named Best Sell-Side Product, 2023.

The Sell-Side Technology Awards recognize leading vendors and third party providers who develop innovative solutions, specifically for sell-side firms, that allow them to operate more efficiently.

Bloomberg’s sell-side offering equips firms with enterprise analytics and support from pre- to post-trade in a single, comprehensive solution. The integration of TOMS, Bloomberg’s sell-side order management system, and the Bloomberg Multi-Asset Risk System (MARS), provides clients with consistency across data and analytics and added efficiency gauging trade impact on risk profiles.

“Bloomberg supports clients throughout the trade lifecycle, delivering rich data sets and analytics that are vital to both sales and traders’ decision making workflows,” said Lisa Bravo, Global Head of Sell-Side OMS at Bloomberg. “The integration of TOMS and MARS, coupled with our programmatic APIs for pricing and front-office risk management, help sell-side firms achieve custom real-time workflows that span across various user audiences in both the Front and Middle Office.”

The solution allows users to combine their own trading data with market and securities data to develop actionable insights. With an amalgamation of data at its foundation, machine learning tools are given the fuel to provide predictive analytics and power automation engines, further enhancing user experience.

“Bloomberg uses natural language processing (NLP) models and artificial intelligence (AI) to help sell-side desks derive client analytics and better understand liquidity unique to each trading desk,” said Phil McCabe, Global Head of Execution Management & Analytics Solutions at Bloomberg. “This award recognizes our continual strides in using cutting-edge technology to deliver best-in-class analytics to our clients.”

To see the full list of winners, click here