Arcesium, a leading data and operations technology provider to the global investment industry, announced the expansion of its collaboration with Bloomberg. The extended capabilities will make Bloomberg’s data management solution, Data License Plus (DL+), available via Arcesium’s advanced operations platform, providing mutual customers with more efficient and streamlined data management capabilities.
Now with access to DL+, Arcesium and Bloomberg customers, including institutional asset managers, hedge funds, banks, and private markets funds, can more seamlessly integrate Bloomberg’s Data License content into their day-to-day workflows via the Arcesium platform. Bloomberg’s Data License content includes 70+ million securities and 40,000 data fields spanning reference, pricing, regulatory, ESG data, and more.
DL+ will enable mutual customers to quickly provide their downstream consumers with consistent data, synchronously acquired from multiple delivery channels and linked together, unlocking quick and efficient access to over 275 Bloomberg Bulk Data License datasets. DL+ ultimately enables a smarter and simplified data strategy.
Bloomberg’s DL+ solution allows customers to easily manage data acquisition from multiple delivery channels and deliver to their critical workflows. The result is complete access to consistent data, enabling customers to accelerate their Target Operating Model (TOM) projects and meet the unique requirements of their specific organization’s objectives.
DL+ reflects Bloomberg Data License data in a Unified Data Model and acts as a foundation for customers to begin building on data analytics platforms and cloud technologies while maintaining transparency, consistency, efficiency, and scalability using the specific dataset needs of their organization.
Arcesium’s operational platform is a data and enterprise management solution that connects the front, middle, and back offices with a single source of truth. It systemizes even the most complex workflows, from analytics to reporting, accounting, treasury, and reconciliation.
SOURCE: BusinessWire