Bloomberg has enhanced its real-time front-office solution with the inclusion of a unified pipeline for real-time events, news insights, market data, pricing, and analytics.
The Real-Time Events Data offering focuses on the option to subscribe to real-time, push-based updates which “only cover events of interest”, as opposed to “a firehose of information” – aiming to automate the full spectrum of workflows.
Specifically, the notification-driven market event feeds extracts and normalises data from unstructured sources and enhanced the Bloomberg Market Data Feed (B-PIPE).
Colette Garcia, global head of enterprise data real-time content at Bloomberg, explains: “Events data has traditionally posed challenges for front-office professionals due to fragmented disclosures and required manual searches across sources, time-sensitivity of the data, and the need to monitor up to thousands of tickers at once.
“As the front-office embraces automation to navigate evolving market conditions driven by regulation, multi-asset trading strategies and volatility, Bloomberg is committed to delivering real-time events data alongside B-PIPE market data to empower customers to make informed, data-centric decisions for immediate alpha capture and effective risk management.”
The solution is also set to be further supplemented later this year with information around corporate earnings, corporate events calendar, and economic releases.