Bloomberg L.P. is a privately held financial software program, data, and media company headquartered in Midtown Manhattan, New York City. On 16 December 2015 it was announced that Barclays had agreed to sell its index business, Barclays Risk Analytics and Index Solutions Ltd (BRAIS), to Bloomberg L.P. for £520 million, or about $787 million.
The iconic Bloomberg Terminal, also called the Bloomberg Professional Service, is a software program system and laptop interface that gives monetary professionals the power to track and analyze breaking news throughout the globe.
Launched in 2013, RWM is a monetary planning and asset management firm, with over $175 million in property.
The firm hopes this will permit it to accumulate and retain high engineering expertise and help it proceed to ship the best degree of technological capabilities to its Bloomberg Professional Service prospects.
The difference nowadays shouldn’t be fairly so stark; nonetheless, Bloomberg News reporters can count on making more than they’d elsewhere.