Bloomberg: We’ll Keep PolarLake Cost Tool

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Bloomberg says it will not phase out a cost optimization tool offered by Dublin-based data management software provider PolarLake—which the vendor acquired at the end of May—which firms use to optimize their spend on Bloomberg data.

The acquisition—ostensibly for Bloomberg to gain a footprint in the enterprise data management space—led to concern among end-users that the vendor would stop supporting PolarLake’s RDAM data access management cost optimization tool, which can be used to reduce per-s

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