BLOOMBERG TRAINING

MARKET-DATA LICENSING AND REPORTING

Syllabus

  • Bloomberg Enterprise Overview

    • Data License vs Real-Time

  • Bloomberg Real-Time

    • Delivery Points

    • DAPI, SAPI and B-PIPE

    • Bloomberg API (BLP API)

    • Microservices

    • B-PIPE Services

  • Entitlement

    • Application Pattern

    • EMRS Ecosystem

    • Nomenclature

  • Monthly Usage Reports

    • Usage Metering

    • EID Usage

  • Administration

    • Add a User

    • Add an Application

  • EMRS Features

    • LSEG vs Bloomberg

  • Non-Display Applications

    • Definition and Terms

    • Bloomberg Licensing Overview

    • Decision Tree

  • Reporting

    • EID Audit

    • EMRS

    • CUST DF

Purpose

This training session is designed for market data providers who license their content, perform routine audits across a number of market data aggregators/distributors clients, but specifically want to understand licensing in a Bloomberg context.

You’ll gain a high-level understanding of the Bloomberg Enterprise offerings that your clients may be leveraging, and specifically those products that deliver/stream non-embargoed market data.

Ultimately, you’ll understand; auditing artefacts (eg, EID Audit reports) that you may receive, nomenclature used, nuances with respect to data discrepancies, but also, identify gaps where further insight may be required from the client to supplement your investigation.

Let us guide you through a journey of understanding the products, the client administration tools, how fee-liable market data is used and reported, and examine an audit report.

What you’ll learn

You’ll learn about the suite of Bloomberg Enterprise offerings that are able to distribute licensed market data, with a special focus on B-PIPE and the additional services available. You’ll gain an understanding of the site delivery options, how consuming applications and users are administered around a set of options, and how the licensed market data is enabled on both the data feed and the consuming application/user through the Entitlement IDentifier (EID) mechanism in conjunction with the Entitlement Management and Reporting System (EMRS). 

By the end of this session, you’ll have a high-level grasp of Bloomberg Enterprise products, the workflow around licensed market data, allowing you communicate productively with consuming clients, being able to put audit artefacts/reports into context, and challenge any anomalies with confidence.

Audience

If, you’re;

  • an organisation (exchange, broker, etc) that owns and distributes fee-liable market data and want to understand more about how and when the data is being enabled/consumed through the Bloomberg ecosystem, and, getting a deeper understanding of the artefacts made available when conducting audits with Bloomberg clients

  • a market data administrator within a Bloomberg client, and want to understand more about the entitlement workflow, and competently respond to any exchange/broker requests for audit artefacts.

Your Guides

Your guides throughout this journey are Robert Correa and Dave Stone, both with significant experience in; Bloomberg ecosystem, fee-liable datasets, delivery mechanisms, governance and workflow, audit artefacts. etc. 

Their altruistic and anecdotal approach allows everyone to come away with a greater understanding and appreciation of many complex subjects.

Timing

This is a half-day, in-person session and available to any number of attendees. We encourage our audience to interact with your guides to gain the most from the sessions. Please feel to leverage out presence by inviting as many individuals as required.

Throughout the engagement, we will invite you to share any artefacts or questions beforehand to ensure we incorporate those into the sessions, and after the training event, we will make ourselves available for additional consultation. We want you to get the very most from the material and our experience, and hope that all participants have an appreciation of the full life-cycle of responsibilities and duties when consuming fee-liable market data.

Pricing

The half-day session is priced at £4,500, secures your guides for the in-person session and includes a prior consultative session to understand how to weave in your organisation’s own licensing strategy, challenges and approach, into the subject material.