[ S U R V E Y | E X E C U T I O N M A N A G E M E N T S Y S T E M S ]
Bloomberg
Bloomberg saw its number of responses decrease by 28 % from 2017 , although the data giant still drew the highest response numbers across all providers for the second year running , confirming its position as the largest provider based on survey responses . The firm recorded largely similar scores year-on-year , with an overall average of 5.16 ; however this was well below the survey-wide average of 5.56 .
Compared with the previous year , the vendor scored consistently in 10 of the 13 categories under review , with some very minor fluctuations in scoring , although the firm was unable to outperform the survey average in any category . Bloomberg ’ s highest score ( 5.76 ) was attributed for its reliability and availability , although this was one of the lowest scores achieved in this area by the major providers profiled . Bloomberg ’ s biggest area of improvement was for its overall cost of operations , which increased 0.32 year-on-year .
Bloomberg drew responses from a variety of market participants in this year ’ s survey , not particularly surprising given its wide range of services and products , as well as its global reach and brand strength . In terms of size , respondents were primarily large organisations , managing more than $ 50 million of assets , with an even number of small-to-mid-sized firms comprising the rest of the respondents . There was also a healthy mix of users across different asset classes , including listed derivatives , fixed income and foreign exchange as well as equities . One piece of good news for the firm was that almost two-thirds of respondents said that they had no plans to replace Bloomberg as their EMS provider over the next 12 months .
Reliability and Availability |
5.76
5.76
|
L ate ncy |
5.39
5.35
|
Client Service Personnel |
4.51 |
4.88 |
Eas e-of-U se
Handling of New Versions / Releases
|
|
5.02
5.01
4.95 4.98
|
Breadth of Broker Algorithms |
5.49
5.47
|
Timeliness of U pdates for Brok er Changes |
5.02
5.19
|
FIX Capabilities
Breadth of Asset Class Coverage
Breadth of Direct Connections to Venues
|
5.48
5.52
5.48 5.44
5.35 5.3
|
Product D evelopment |
4.54
4.58
|
Ease of Integration to Internal Systems |
4.86
4.9
|
|
Overall Cost of Operation |
4.86 |
5.18 |
0.00 |
1.0 0 |
2.00 |
3.00 |
4.0 0 |
5.00 |
6.0 0 |
7.00 |
2018 |
2017 |
70 // TheTrade // Autumn 2018