Waters Rankings 2014: Best Enterprise Data Management Systems Provider — Bloomberg PolarLake

bloomberg-edm-watersrankings14-0309
Dwight Gooden and John Randles

The third-party vendor community serving the capital markets has, over the years, witnessed numerous examples of small, specialist technology outfits acquired and subsumed by larger providers, only to be never heard of again, a phenomenon that both Bloomberg and PolarLake would have been cognizant of when the merger was announced—hence the new entity’s “arm’s-length” relationship with its parent and its total independence and autonomy from the mother ship in terms of its day-to-day running.

Over the years, Markit EDM, formerly known as Cadis, has dominated this category across all of Waters’ awards programs, although its hegemony is now being challenged by a number of providers, with Bloomberg PolarLake topping that list. Enterprise data management, the process by which firms integrate, share, store and retrieve data for both internal business processes and external communications and feeds, means different things to different firms, depending on their underlying technology stacks, the complexity of their respective businesses, and the extent of their data management and integration requirements. However, there is one constant: The efficiency of firms’ data management processes has a direct bearing on their operational resilience and effectiveness, and it is in this realm that Bloomberg PolarLake shines. Bloomberg PolarLake is an EDM managed service that centrally acquires, manages and distributes reference, ratings, pricing, entity, index, corporate actions, and trade data, allowing user firms to more easily understand the meaning and context of such content, and by so doing, make more judicious business decisions, irrespective of the operating unit involved.     

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 info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

AFTAs 2024: All the winners

Here are the winners of the 27 categories in the 2024 American Financial Technology Awards. This year's multi-category winners are JP Morgan Asset and Wealth Management, Morgan Stanley, TCW Group and Northern Trust.

SimCorp back to its winning ways

What separates SimCorp’s Ibor from similar offerings across the buy side, and its foundational role in the creation of the firm’s recently unveiled investment management platform, SimCorp One.

Most read articles loading...

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