Bloomberg Preps Move to Open Architecture


One of the key initiatives is a data distribution system, dubbed The Platform, which will be licensed as an open-source software initiative, allowing customers to reduce the total cost of ownership of their data distribution technology. Built on servers running on the open-source Linux operating system, The Platform will allow firms to "programmatically interface with Bloomberg data and distribute Bloomberg data globally across [their] enterprise," said Brian Cunningham, global manager of buy

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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