Working Group Members Say 'Bloomberg Backs Down on SPA Contracts for Fund Admin Clients

LONDON - Bloomberg has for the time being backed down on plans to introduce service provider agreement (SPA) contracts for fund administration clients, according to members of a working group created by data consumers to prevent Bloomberg from proceeding with a change in contracts for the per-security data license.

Members of the working group, which started with representatives from seven banks, say customers have uniformly rejected the contract as it contravenes the European notion of customer

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: