BayernLB selects Bloomberg’s information answers to reinforce front-to-back workflows

Specialized financial institution BayernLB had decided on Bloomberg’s real-time marketplace information feed, B-PIPE, and evaluated pricing provider, BVAL, to toughen potency and gear insights around the company. 

The improvement builds on BayernLB’s present use of Bloomberg Terminal, taking into account get right of entry to to information around the company’s front-, middle- and back-offices.  

As well as, the transfer follows Bloomberg’s contemporary collaboration with BayernInvest, the asset control arm of BayernLB, during which the company followed Bloomberg buy-side answers, together with AIM, PORT Undertaking, and MARS Collateral Control’s built-in choices.  

Learn extra: Bloomberg buy-side answers followed via BayernInvest to fortify workflows 

“As a number one specialized financial institution, it’s very important that we’ve got get right of entry to to a huge universe of top of the range marketplace information for a various panorama of techniques,” stated Markus Langenbach, head of asset and legal responsibility control (ALM) and analytics at BayernLB.  

“Bloomberg’s answers supply us with such get right of entry to throughout our front-to-back techniques. That permits us to make use of marketplace information at the best quality in a cost-efficient method during our processes.” 

The usage of B-PIPE and BVAL will allow BayernLB to get right of entry to information in an effective and scalable method around the endeavor.  

B-PIPE may even be offering BayernLB consolidated and normalised real-time streaming marketplace information, pricing, tournament information and analytics for front-office use circumstances.  

In the meantime BVAL gives the financial institution get right of entry to to evaluated pricing around the liquidity spectrum to tell middle- and back-office workflows, along serving to agree to law and reporting necessities.  

“The price of information that aligns throughout a company’s operations can’t be overstated given the time it saves, dangers it is helping to keep away from, and insights it may well assist discover. Because of this, we’re happy to fortify BayernLB on their adventure to maximising potency and streamlining workflows with constant information they are able to consider,” stated Cory Albert, world head of real-time information and era at Bloomberg.  

“This collaboration additionally furthers Bloomberg’s rising presence and dedication to purchasers in Germany. We look ahead to operating with BayernLB and proceeding to make bigger the usage of each B-PIPE and BVAL within the area.”