Bloomberg formalises third party partner programme
19 March 2014 | 1600 views | 0
Bloomberg is working with more than 125 financial software providers in an effort to establish integrated, scalable and reliable enterprise solutions for its financial services clients.
Bloomberg's Enterprise Solutions and Trading Solutions businesses have established a formal process to enable these financial software providers to connect to Bloomberg applications and access its premium financial information.
Bloomberg's Enterprise Solutions business enables financial software and technology providers around the world to use Bloomberg's financial information in the applications they develop for financial institutions. Bloomberg Enterprise Solutions also provides its partner community with technical resources to support the deployment of integrated enterprise solutions to mutual clients.
"Bloomberg Enterprise Solutions promotes the use of open and standardized integration tools so that our partners can build solutions that synchronize client workflow and enhance the user experience without adding unnecessary programming complexity," said Gerard Francis, global head of Bloomberg's Enterprise Solutions. "Bloomberg Enterprise Solutions has established a global partner community that includes leading order, execution and risk management systems, as well as portfolio analytics and accounting applications used around the world. Our commitment to this community enables us to bolster compatibility between systems, serve our clients better, and deliver more value."
Bloomberg's Enterprise Solutions partner program is just one way Bloomberg works with financial technology vendors. Bloomberg's Trading Solutions Connectivity and Integration ("TSCI") group enables programmers and technical specialists to integrate vendor and client software with Bloomberg's trading and order management applications. Instead of creating barriers to integration with vendor systems, Bloomberg TSCI has developed and relies on open interfaces, programming tools, resources, and programmers to deliver enterprise solutions that synchronize workflow, enrich the user's experience and reduce software maintenance costs.
"Bloomberg TSCI has evolved from simply offering integration and connectivity services, to truly understanding how to build technology that synchronizes workflow across the client's organization," said Brian Cunningham, global head of Bloomberg's TSCI group. "We provide an open and flexible technical architecture that enables global firms to scale and support new business initiatives."
Working together, Bloomberg's Enterprise Solutions and Trading Solutions teams help clients, and the software vendors they work with, manage the quality and flow of market, reference and transactional data across the client's organization.