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The Bloomberg Terminal is a computer software system provided by the financial data vendor Bloomberg L.P. that enables professionals in the financial service sector and other industries to access Bloomberg Professional Services through which users can monitor and analyze real-time financial market data and place trades on the electronic trading platform. [1]
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Bloomberg L.P. is an American privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, [9] and a 12% ownership investment by Bank of America through its brokerage subsidiary Merrill Lynch.
Telerate then launched the Matrix system in response to Reuters "Advanced Reuters Terminal (ART)" service. The needs of traders and portfolio managers were however neglected by both "Reuters" and "Dow Jones Telerate" which allowed a new niche financial data provider, Bloomberg to start taking market share with its Bloomberg terminal. Within Dow ...
Bloomberg Government’s federal procurement service is designed for contracting professionals focused on strategy and competitive intelligence, as well as business development and sales executives. The company’s service allows teams to hone business strategy, build pipelines, perform strategic research, size markets, and identify partners ...
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For example, a company such as Bloomberg is a financial software, news, and data company that offers financial software tools through the Bloomberg Terminal. Another example is Reuters whose products specialize in financial information management , purchase order management, positions and risks, and financial instrument sales.