Firms using Bloomberg’s Sell-Side Execution and Order Management Solutions (SSEOMS) have until April 2021 to find a new platform provider. About two months ago, the tech giant said that it was exiting two key lines of business: its SSEOMS unit and its Know-Your-Customer (KYC) business, which includes Entity Exchange and Entity Intelligence.
The KYC space is saturated and difficult, so it wasn’t a huge surprise to see Bloomberg back away from that sector. While order and execution management
Rich Newman joins to talk about challenges facing the alternative data space and why open data is becoming increasingly important.Subscribe to Weekly Wrap emails