Bloomberg Updates on BRAIS Index ‘Evolution,’ Preps Customizable Indexes
Since buying the BRAIS index and analytics suite from Barclays last year, Bloomberg has been hard at work creating an integrated platform for data, analytics and indexes, while developing plans for expanding the indexes. Joanne Faulkner reports on the vendor’s progress.
At a recent launch event in London, Lea Carty, global head of buy-side solutions at Bloomberg, described how regulatory changes and market trends “have made these products really very valuable. The indexes and portfolio analytics that are required to support these indexes have increased their value. We recognized this well before this transaction and had been moving in this direction anyway. If you go back to before 2011, we didn’t really have any portfolio analytics, but [then] we launched PORT
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