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Data services news

Bloomberg launches VDR


17 September 2024 US
Reporter: Klea Neza

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Image: Bolustck/stock.adobe.com
Bloomberg has launched a new Virtual Data Room (VDR) environment where customers can immediately interact with the company's extensive Bulk Data License datasets before they subscribe.

Hosted in Python Jupyter Notebooks, Bloomberg’s VDR makes it faster than ever to investigate the coverage, quality, and usability of Bloomberg datasets, says the firm.

Bloomberg’s VDR aims to provide a secure cloud-based environment where the data is preloaded with editable Jupyter notebooks so users can immediately review Bloomberg’s bulk datasets schema, linking abilities, coverage by country, currency, sector and more.

The company says clients can edit the Jupyter notebooks to answer specific questions about their unique requirements, such as corporate actions, and calculations.

Brian Doherty, global head of Data License at Bloomberg, comments: “The Virtual Data Room is akin to test driving a new car before you buy it.

“Firms are being inundated with more and larger volumes of data and they need a way to assess this data deluge. Bloomberg’s Virtual Data Room provides an opportunity for developers, analysts, quants, and data scientists to investigate the quality and usability of Bloomberg’s data so they can make data buying decisions faster and with more confidence.”
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