Best Reference Data Solution: Bloomberg

Perhaps unsurprising given its ubiquity across all spectrums of the financial services industry, Bloomberg has dominated this relatively new category for the second successive year. Bloomberg Data License tracks more than 6 million financial instruments across a spectrum of asset classes and 250 markets in 126 countries, which are constantly updated and verified. Historical pricing and corporate action information is delivered via a single-source referencing system of global securities databases via daily indicative, pricing, and historical data. To assist with delivery and integration of data feeds, front-end applications are available to help assimilate data into clients’ trading infrastructures. Data License performs a variety of tasks including: feeding compliance systems via a consistent single-data source; consolidating global securities feeds into risk applications; measuring exposure to an issuer across multiple asset classes; automating trade settlement functions; feeding directly into accounting/portfolio management applications; and efficiently tracking factors, floaters and prepayment projections.

1 Bloomberg (40.2%)
2 Thomson Reuters (27.5%)
3 Interactive Data (23%)