Clients can also have their portfolio analytics data delivered to data warehouses.
Bloomberg officials say Bloomberg’s PORT Enterprise solution clients are now able to unify a variety of datasets in a single location, along with portfolio analytics, to streamline their workflows.
This new interoperability across Bloomberg solutions helps end-users access their portfolio analytics data stored in the cloud via the provider Snowflake by using the integration already in place between Bloomberg’s data management solution Data License Plus (DL+) and the Snowflake A.I. Data Cloud, according to Bloomberg. This encompasses Bloomberg pricing, reference, and ESG data.
A managed service, DL+ aggregates, organizes, and links licensed Bloomberg data and multi-vendor ESG content into a single Unified Data Model, officials say.
“Currently, many asset managers and asset owners possess large volumes of different datasets, and piecing that data together in their environment of choice can be a complex, time-consuming process,” according to the announcement. “With the existing integration between DL+ and Snowflake, mutual clients of PORT Enterprise and Snowflake now have the option to have their portfolio analytics data natively delivered to the data warehouse as part of their regularly scheduled overnight reporting process.”
“Utilizing DL+ to deliver PORT Enterprise datasets to Snowflake enables our customers to benefit from modeled data and a streamlined cloud delivery process,” says Josef Kirkland, global head of portfolio and risk analytics at Bloomberg in a prepared statement.
PORT Enterprise has more than 600 clients using its portfolio risk and return attribution capabilities “with enhanced customization and batch reporting for enterprise usage,” officials say.
Officials say that Bloomberg’s Multi-Asset Class (MAC3) fundamental risk factor models encompass risk forecasting, including Tracking Error volatility, VAR, and scenario analysis. PORT Enterprise is part of the Bloomberg Buy-Side Solutions group.
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