Bloomberg Company Outline

The company Bloomberg is a privately held financial software, news, and data company. Primarily, Bloomberg is roughly the access, report, analysis and distribution of the highest quality data, news and analytics, faster and more accurate than any other organization. According to Bloombergs official website, In 1981 Bloomberg started out with angiotensin-converting enzyme core belief that bringing transparency to capital markets through access to knowledge could increase capital flows, produce economic growth and jobs, and significantly disgrace the cost of doing business. The company has been a prodigious success due to its reliability and remarkable adaptation to the ever-changing marketplace, continuous innovation of products, and unparalleled dedication to node service which is also why influential decision-makers rely on the companys reports. The BLOOMBERG PROFESSIONAL service is the core product of Bloomberg and it is the fastest-growing real-time financial information netw ork in the world.Generally, Bloomberg provides its clients with a completely packaged Trading System solution that requires minimal hardware, software and support. From the previous enterprise-grade ASP model they had in 1981, today, Bloomberg provides undetermined Architecture for firms, enabling clients to fully power their systems whilst avoiding the hidden costs and responsibilities associated with infrastructure build-outs, data sourcing, continual tuning, version upgrades, and system maintenance.As an advantage, firms are no longer oblige to recover hidden costs by undersizing environments that may lead to changes in trading performance. References LinkedIn Corporation. Bloomberg. Retrieved August 21, 2010 from http//www. linkedin. com/companies/bloomberg Blomberg Finance L. P. Bloomberg Trading Systems Retrieved August 21, 2010 from http//iimagazine. firstlightera. com/ERA/ResourceHandler. ashx? b1d8f3a7-9ed6-4944- 8172-642482129405trading%20systems_london2. pdf