Bloomberg accelerates launch of Data License Plus amid remote working

Given the coronavirus pandemic and shift to working from home, Bloomberg has brought forward the launch of its data platform.

Bloomberg has fast-tracked the launch of its new data management service, Data License Plus (DL+), which looks to aggregate client data into a single dataset.

In a statement, Bloomberg said that given the shift to working from home amid the global coronavirus pandemic it will bring the launch forward to offer clients access to Bloomberg Data License content from anywhere in the world.

The platform aims to help users create more efficient workflows around data management. Users are able access it through a web-based interface, which Bloomberg said reduces data processing effort for clients. It will also and distribute Bloomberg data to systems, applications and users, while linking datasets and legal entities atomically.

“Bloomberg is excited to introduce Data License Plus which elevates Data License to the next level by solving common challenges for our clients that struggle to aggregate data and make it available throughout their firms.” said Gerard Francis, Global Head of Enterprise Data at Bloomberg

The new product from Bloomberg is part of its Enterprise Data business, which delivers pricing, reference and regulatory datasets, real-time market, event and news data. It also supplies liquidity analytics, alongside data management and distribution technologies.